Angst in America, Part 6: Middle Class Blues

JohnMauldin2 2In this article John Mauldin writes that the coming pension crisis will put quite a dent in expectations. He suggests that Americans should have their houses in order before the next rough patch hits. He thinks that the US is approaching that moment when the two greatest bubbles in human history , sovereign debt and government promises will burst, and politicians and central banks will be forced to take actions that are unthinkable today. Read more