- Boston University economist Laurence Kotlikoff warns “our country, frankly, is bankrupt.”
- Ian Bezek offers an insider’s view of the risks and potential of the Mexican market.
- John Cochrane analyzes what did Bear Stearns in.
Boston University economist Laurence Kotlikoff is warning that America’s fiscal fuse is nearing its end unless the U.S. undertakes serious structural reforms. As part of this scary vision, the Boston University economist – in a podcast interview (24:42) we conducted today – foresees a time when bond vigilantes stage an open revolt against U.S. fiscal impropriety.