I’m going to tell you what really happened and why. There are three fundamental things going on — all of which are completely transparent to most investors.
The US Federal Reserve as it operates today is an insult to anybody who believes in economic and political freedom. In an era of globally-linked finance, the very concept of a Fed is an abomination.
For five years now Dr. Paul Krugman has argued that increasing U.S. government spending is vital to the US economy's recovery. And for five years he's been dead wrong.
When Japan's markets fell in 1990, it's population was already going in the wrong direction. The productive-age population, had peaked and was in decline. And the population of the United States is too.