They say if you like laws and sausages, you should never watch either one being made. Banking belongs on that list also, but it seems most people would rather not know. Economic conditions are poor. We are not in a recovery; we are in a depression. Central Banks don’t understand the problem because central banks are the problem.
Trump’s presidency as well as the positions taken by Western liberal elites will provide India with a wonderful opportunity to grow and take its place as an economic powerhouse.
Camp Kotok: Barry Ritholtz author, columnist, equities analyst and CIO of Ritholtz Wealth Management.
David Kotok: Founder of Camp Kotok, in Maine
The Renegade Economist goes to New York to hear Prof. Michael Hudson’s views on the state of the US Economy.