No Increase in U.S. Standard of Living Since 1997
Politics / Social Issues Oct 01, 2012 - 04:18 PM GMTThere's a belief among certain economists – and the wider population – that if the government takes a more active role in the economy, the social outcome can be improved. Dr. Lacy Hunt, executive VP of Hoisington Investment Management Company (HIMCO), says it's a false belief… and he has proof to back it up. An unprecedented buildup of debt, he shows, can only lead to one outcome: a drop in Americans' standard of living.
Many investors are so shell-shocked by the ongoing government meddling, cronyism and financial scandals that they have turned to "investments" with negative real interest rates. You can do much better than that – even in times of crisis. Listen to Lacy Hunt and 27 other renowned experts to find out where the opportunities lie in today's politicized economy. Click for more details.
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