Great interview with Chris Whalen and Jim Rickards. We need a change of guard and this is the type of thinking that eventually will be recognized as what is needed to turn the ship around. It is going to take a few years for enough people to recognize it. I hope we can hold things together long enough to get it done so we don't end up like Greece, Ireland, Cyprus, etc. There is no way out of this without pain.

Bloomberg interview

John