05-25-2016, 04:27 PM
Themes:
1. Crisis not over yet financially or politically
2. Generational inequality: America rescued borrowers and lenders, but stuck younger people with zero return on investment (ROI) and very high prices for housing.
3. Likelihood of more aggressive use of government
4. Boom fanaticism, X doing badly in economics, Millennial generation going nowhere
5. Likely more authoritarian government (Trump/Sanders)
6. Market-driven libertarians have lost.
7. Expect more volatility in markets.
8. Look to Millennial trends in business, housing, personal spending -- good growth areas
1. Crisis not over yet financially or politically
2. Generational inequality: America rescued borrowers and lenders, but stuck younger people with zero return on investment (ROI) and very high prices for housing.
3. Likelihood of more aggressive use of government
4. Boom fanaticism, X doing badly in economics, Millennial generation going nowhere
5. Likely more authoritarian government (Trump/Sanders)
6. Market-driven libertarians have lost.
7. Expect more volatility in markets.
8. Look to Millennial trends in business, housing, personal spending -- good growth areas
The ideal subject of totalitarian rule is not the convinced Nazi or the dedicated Communist but instead the people for whom the distinction between fact and fiction, true and false, no longer exists -- Hannah Arendt.