Bud Conrad: Japan Is Forcing Us Out of the Eye and Into the Storm
Bud Conrad, Casey Research's chief economist, believes that our historic paradigm of continuous economic growth has reached an end. In his view, we have been funding growth in recent decades via first issuing an unsustainable amount of public and private debt, and more recently by runaway money printing. This has led to a temporary sense of calm - which Bud calls the 'eye of the storm' - which he believes we are now emerging from into much more troubled waters.
