My recent pieces on the U.S. Treasury bubble and our "House of Cards Economy," China's decline, and the alarmingly negative long-term fundamentals in Europe have, admittedly, been bearish. I say this with no regret. I'm not an eternal pessimist. In fact, I think our next crisis will give birth to an American population with the will to elect politicians on the basis of sound economic policy. This new America will consistently vote for less government spending, lower taxes, and less government intervention within the free market. Certainly, Americans understand that a purely free market leads to obvious problems, but our new leaders will largely avoid aggressive interventionist policies.
One can certainly hope.
My general thesis on the issues our economy faces in 2012 and beyond can be seen in the linked articles. That being said, while 2012 offers plenty of opportunity on the long side, the short side has, in
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