• It's wrong for someone to confiscate your money, give it to someone else, and call that "compassion." – Harry Browne

Chris Leithner on the global economy and the United States

Chris Leithner was on 612 ABC Radio last night (Monday the 23rd of August). In case you missed it, the discussion with Steve Austin can be heard here. The interview covers how the "US Empire is broke, and that when people belatedly realise it, rates will rise appreciably, the prices of assets will fall, bankruptcies will rise, etc. Also the simple reality that savings, not consumption, creates wealth."