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Milton J. Madison - An American Refugee Now Living in China, Where Liberty is Ascending

Federalism, Free Markets and the Liberty To Let One's Mind Wander. I Am Very Worried About the Fate of Liberty in the USA, Where Government is Taking people's Lives ____________________________________________________________________________________________ "Extremism in defense of liberty is no vice. Tolerance in the face of tyranny is no virtue." -Barry Goldwater-

Friday, April 05, 2013

Japan's upcoming finacial crisis....

This why Japan will default, followed by Spain, Italy and then ultimately the United States. It will be 20 years of the dark ages for for the world, but if we take our medicine now and allow true markets to allocate productive capital instead of feckless governments, the pain will be less and the transition time shorter.

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