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Hunter DeRensis on the Bankruptcy of the American Empire – source – Scott Horton Show (12/07/2018)

Hunter DeRensis joins the Scott Horton 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. Hunter DeRensis is an editorial assistant at the American Conservative and a student at GMU.

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