Some people who predicted the bursting of economic bubbles in the past say we are in for a depression from massive government borrowing and money printing. They say it is inevitable; however, they say that if we end the massive borrowing and printing sooner rather than later, then we can institute reforms to get us out quicker. Otherwise, they say, it will take us decades to recover. Just in case they are right, we should all write the president and congress about this.Â
Alex Sokolow