“Creditism” and the Death of Capitalism, Part I

by Brian Maher
Daily Reckoning

“I don’t think the outlook is encouraging at all.”

We recently had the opportunity to interview the thought-provoking economist and author Richard Duncan.

Richard captains the highly influential economics blog Macro Watch. He’s also written best-selling books like The Dollar Crisis, The Corruption of Capitalism and The New Depression. Richard keeps his being in Thailand these days.

When we asked Richard for his take on the global economy, he gave the cheery answer that opened today’s reckoning. Below, you’ll see why.

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