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I’m so disillusioned with the “brilliant” minds in finance and the economy. Trying to fathom economic truths is extremely difficult. But I simply have no faith in or respect for these so called “experts” and geniuses when time and again I seem to know more than they do, and with absolutely no training as an economist.

I knew intuitively that decoupling was patently false even while all the pundits were talking about how well the world held up despite a slow down in the USA and how they predicted that growth from China and India would sustain the world when the USA scaled back.

All you had to see is our GDP and the volume of our imports and then you look at these huge net importers like China, and you just had to know that our inability to buy goods was going to impact them and all other nations that provide us with goods.

I’m no financial genius, but when these Harvard graduates are telling me the world economies have decoupled from the USA, is it any wonder I am now so skeptical of every word they spew, even if they say the sky is blue.

I just can’t believe anybody would be idiotic enough to believe, at this time, that the developing countries with their relatively small economies, were just going to go on a tear when the USA scaled back. I mean, it was intuitive. And now, I have no respect for these guessers. My guess is as good as theirs. No, my guess has been consistently better than theirs.