[Alberta's Child]

None of this should be a surprise to anyone who has even a basic understanding of how things work. We have probably had effective negative GDP growth for most of the last ten years.

GDP growth is only driven by two factors: (1) population growth, and (2) productivity improvements. Our population growth has been anemic for years, and the average American produces LESS today than he or she did ten years ago. None of this bodes well for the U.S. economy.

[Houserino]

There’s some growling going on about a housing crash coming shortly. If that happens, man. It really feels like we’ve been in constant severe recession to me since 9/11.