Economic Therapy: Comforting Pointers for Turbulent Times

I disagree. Things are going to get worse because other countries don't want the dollar any more. This latest downturn might not be the next Depression - but that is inevitably coming at some point in the near future.

The author loses credibility when he admits: "I feel your pain. The market value of my financial portfolio has been halved over the last year or so"

So you lost money, eh? Well I know several folks who not only didn't lose, but they made money in 2008 and 2009. Richard Maybury chief among them. You can check out his website at http://www.chaostan.com if you want to start betting against the government and making money. The Austrian economic model is the correct model to follow. It explains precisely why all the government intervention we have can ultimately only make things worse.