Mauldin - 2013 is a Fiscal Last Chance for the U.S.
John Maudlin believes 2013 will be a critical year. He believes nothing will happen until after the coming election, but then policymakers have to do something to bring our fiscal house back toward a sustainable path then, or there will be massive economic “restructuring” of our society.
“I don’t think we can make it to 2015 without the bond market jerking our chain,” he said.
Source: Casey Research