Outlook 2015

"Beyond the Tipping Point?"

The problems are growing and the electorate remains unable to see the difference between today’s economy and the one that is about to make major upheavals to their condition.

Demographics, debt and default – the 3 Big ‘D’s -- remain major impediments to resolving the economic problems confronting the world going forward.

Keynesian economists control the world’s central banks and are responsible for creating booms and busts since the 1920s. Each cycle has accentuated the wave of economic and financial conditions that eventually will shake the world’s economic order to its foundations after a Minsky moment.

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Fred Richards' has published his 'Tis Only My Opinion articles for many years on a wide range of subjects and most are archived here. The current article is highlighted to the left.

Mr. Richards is a graduate of SMU and HBS, and a member of Who's Who in the World since 1965.