David Stockman was Ronald Reagan’s budget director and previously made piles of money with corporate takeovers.

He’s not very keen on the U.S. economy and owns no stocks, encouraging people to hold cash and a few bars of gold.

One can be a genius and have multiple degrees and be anywhere along the Right-Wrong Continuum. But I found the following read thought-provoking and worth five minutes.

Click away.

Here’s Ronald Ray-Gun warming up a microphone for a speech:


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