Published on July 18 2012

David Stockman: Austerity Is Not Discretionary

Dear readers,

Doug has several things on his mind to discuss, but none are urgent, and we have some good videos from our last summit we’d like to share. Today’s video is a conversation between our own Alex Daley and David Stockman – David gives a startlingly blunt assessment of the US’s economic outlook and how it came to this precipice.

I hope you find the conversation as insightful and valuable as I did.

Sincerely,

Louis James


Senior Metals Investment Strategist
Casey Research