Current Policy Is Destabilizing A Stable U.S. Economy
1. U.S. economy is strong but faces inflation and instability risks. 2. Federal budget deficit at 7% of GDP; projected to double in ten years. 3. Shadow banking and Ponzi finance raise concerns about financial fragility. 4. Regulatory oversight weakening; a return to past crises is possible. 5. Increased fragility suggests risk of a financial crisis is significant.