Addison Wiggin: We Can’t Afford the Solutions Needed To Reverse Our Decline

“Everything is out of whack. We can’t be the policeman to the world and provide a safety net for all citizens if we don’t have the tax rates or the income to the government that supports all that. It seems like common sense, and it should be common sense. But something happens when you take it from a discussion that you and I might have to the political level, which is often just driven by emotion and public speech. Somehow the desire, the continued promising that the government can solve all problems, meets with jubilation and boasts. And people want to just keep going, and they never want to actually accept that at some point the unsustainable has to end. I mean, that’s the nature of the world.

It gets frustrating to think that we’re at a point where politicians are really going to have to work together to come up with solutions that are going to be unpopular to anyone – and I struggle to think that we’re even capable of putting together a set of solutions that will work. It might be too late.”

So states Addison Wiggin, executive publisher of Agora Financial and executive producer of I.O.U.S.A. Strong words from a man who has been writing for over ten years about how our debt-inebriated economy will eventually collapse upon itself – but is still shocked and saddened to see his predictions play out in reality. He sees the global economy to be at a point of massive destructive transformation – but full of opportunity for informed investors, and, ulitmately, for the system that succeeds it.

Click the play button below to listen to Chris’ interview with Addison Wiggin (runtime 41m:50s):

Download/Play the Podcast
Read the Transcript of the Podcast
Report a Problem Playing the Podcast

In this podcast, Addison expounds on: read more »

ChrisMartensonBlogs?d=yIl2AUoC8zA ChrisMartensonBlogs?d=qj6IDK7rITs ChrisMartensonBlogs?i=LNtf-MOy6lA:5AD42CN8-hE:V_sGLiPBpWU ChrisMartensonBlogs?i=LNtf-MOy6lA:5AD42CN8-hE:gIN9vFwOqvQ
LNtf-MOy6lA

http://feedproxy.google.com/~r/ChrisMartensonBlogs/~3/LNtf-MOy6lA/57533

Sent with MobileRSS for iPhone

Advertisements
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s