John Mauldin recently penned an interesting piece:
"Ignoring problems rarely solves them. You need to deal with them - not just the effects, but the underlying causes, or else they usually get worse. In the developed world, and especially the US, and even in China, our economic challenges are rapidly approaching that point. Things that would have been easily fixed a decade ago, or even five years ago, will soon be unsolvable by conventional means.
Yes, we did indeed need the Federal Reserve to provide liquidity during the initial crisis. But after that, the Fed