Hunter DeRensis joins the show to talk about his recent article for the American Conservative Magazine. He cites Stein’s law, named for economist Herbert Stein, which says that if something can’t go on forever, it will stop. This seems obvious, but people frequently avoid its conclusions when looking at an issue like the American empire. DeRensis worries that the U.S. is too extended and too far in debt to keep going on our current track for much longer. At some point the big crash simply has to come.
Discussed on the show:
- “The Coming Bankruptcy of the American Empire” (American Conservative)
- Ben Stein
- Herbert Stein
Hunter DeRensis is an editorial assistant at the American Conservative and a student at GMU. Find him on his website or on Twitter @HunterDeRensis.
This episode of the Scott Horton Show is sponsored by: Kesslyn Runs, by Charles Featherstone; NoDev NoOps NoIT, by Hussein Badakhchani; The War State, by Mike Swanson; WallStreetWindow.com; Roberts and Roberts Brokerage Inc.; Zen Cash; Tom Woods’ Liberty Classroom; ExpandDesigns.com/Scott; and LibertyStickers.com.
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