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Lacy Hunt: "No Increase in Standard of Living Since 1997



-- Posted Monday, 1 October 2012 | | Disqus

There'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.


-- Posted Monday, 1 October 2012 | Digg This Article | Source: GoldSeek.com

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