Quest 4 Quality with Joe Higgins

05 The Current State of the American Economy Part 04

Informações:

Synopsis

One of the realities that I face in this type of work, projecting the year ahead for our economy or looking out with a longer term view, is that every year the gloom and doom writer’s publish hundreds of books a year predicting calamity for our economy. If you read books or watch the hourly  grind of news programs you have seen the daily pass through of hedge fund managers, economists and the financial news shows that give a forum to those “experts” who have been very explicit in their prognosis for America, and that is our entire economy is going to collapse. Of course they have been saying this since 2009 with some of the most outlandish opinions that do not deserve to be on a television show or in a book.  You might wonder why this happens. Think about it this way, if you write 10 books in 10 years about the annihilation of the American economy and you get it right one time, you become a guru in this space, sell millions of books and are interviewed on every show for the next 5 years. Fear sells but it doe