In this episode I address the chaos which broke out in the scientific community recently when a scientist dared to credit The Creator for the design of the human hand. Our place in the universe is more readily explained when you accept some basic facts.
I also address the catastrophic collapse of the Brazilian economy after heavy government intervention and massive "stimulus" programs.
This quote is particularly telling "The leftist government's generous spending programs were credited with lifting millions out of severe poverty, while Chinese demand for the country's mineral and agricultural riches paid the bills."
The Brazilian collapse, and the collapse of the Oregon and Vermont Obamacare exchanges, are potent examples of the government's economic information, and expertise, problem with regard to allocating assets. Without prices, they don't have the information needed.
Finally, I address the sorry state of the U.S. economy through a series of charts which paint a disturbing picture.