My morning with Leslie Appleton-Young

Yesterday morning I had breakfast with the California Association of Realtors Chief Economist, Leslie Appleton Young (you should google her for updated forecasts). She had an interesting presentation, and started by telling us that we were in the "middle of economic history", and what's going on right now will be studied by our children decades from now, it will change monetary policy, international decisions, the political landscape, pretty much change the world as we know it, and we're right in the middle of it all right now. How sobering.