By Casey Research
Many experts hold dim views of the current state of the US economy—but what’s a prudent investor to do to make a profit? Find out what the blue-ribbon faculty of economists and investment pros at the recently concluded Casey Research Fall Summit thought.
Lacy Hunt, senior executive VP of Hoisington Investment Management Company and former chief economist at the Dallas Fed, says the main reason that the global economy continues to falter is that all countries borrow too much and save too little.
“275% total debt to GDP is the critical threshold. Every world economy of importance is above that level and moving higher.”