David Stockman on Bubble Finance

In this article from The Ludwig von Mises Institute, David Stockman writes about the history of Bubble Finance and how we got to our present condition, and how the Brexit vote portends a major change for our economy. Simply put, the rubes are on to the game being played to strip-mine their lives for the benefit of the coastal elites. That game can last only as long as we are unaware of it. But of course that has now changed. First in the UK and now in America with the rise of Trump, regular people are rising up to put a stop to this crooked system that siphons wealth and power to the few. If Stockman is correct, look for an eventual return of economic sanity and the re-emergence of a more traditional capitalism that lifts all boats, not just those of the well-connected and powerful.

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