"You and I have a rendezvous with destiny. We will preserve for our children this, the last best hope of man on earth, or we will sentence them to take the first step into a thousand years of darkness. If we fail, at least let our children and our children's children say of us we justified our brief moment here. We did all that could be done."
Ronald Reagan

Tuesday, April 9, 2013

PJTV Trifecta - The Great Deformation: Is an Even Worse Financial Bubble Just Around the Corner?

Trifecta looks at David Stockman's new book "The Great Deformation: The Corruption of Capitalism in America". In the book, the former Reagan Budget Director warns that the United States economy has become little more than a ponzi scheme that is dependent on deficit spending, debt and Federal Reserve currency manipulation.

New York Times columnist Paul Krugman disagrees. Who is right? Find out.

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