A Worse Crisis Is Yet to Come

"On reflection, I think there are perhaps other, even larger, events in our future than the recent credit crisis and recession; yet, just as in 2006, there’s a great deal of complacency. But as we’ll see, there are fingers of instability building up that have the potential to create large disruptions -- both positive and negative -- in our future. And for the political junkies, I offer a brief insight into what may be one of the more intriguing behind-the-scenes developments in recent years. Now, to the letter."