Economic Insights – March 2011

“It’s an ill wind indeed that does not blow someone some good.”  That old saying is certainly worth keeping in mind as we encounter the “winds of change” violently assailing our world at this moment.  In just two years, we’ve moved from the financial hurricane of 2008 to an epidemic of geopolitical tornadoes touching down in hotspots everywhere from Cairo, Egypt to Madison, Wisconsin. The last time we saw anything like this was the S&L Crisis followed by the meltdown of the Warsaw Pact and the first Gulf War.  We can clearly learn from the past, but we must also recognize that the current.....