Politics of Hate

[Editor's Note: Human nature always looks for scapegoats and someone to blame when investments don't perform like we anticipated. For instance, I thought the stock market would have a nice down day today, and yet the more Dr. Bernanke was grilled by Congressional Republicans the more the stock market flat-lined . Who are we going to blame for today's action, and who do we blame when we deny realities and ignore the trends that are in place?] In describing the current situation in these United States, and in many of the world's other superpowers, we here at Casey Research have often used the word “intractable”… as in, “impossible to resolve.” While that may not be technically accurate – because there is no problem related to economics that can't be solved if one is willing to swallow sufficiently...