Bill Bonner is the Founder and President of Agora Publishing, one of the world's most successful consumer newsletter publishing companies, and the author of The Daily Reckoning. Bill Bonner is also a frequent contributor to Strategic Investment. Bill Bonner is the author, with Addison Wiggin, of the New York Times business best-seller Financial Reckoning Day: Survivng The Soft Depression of The 21st Century.
Bernanke's Fed has gotten themselves in quite a pickle. The economic weathermen are calling for clear skies, but Bill Bonner sees storm clouds on the horizon.
Bill Bonner writes that millions of Americans rushed to declare bankruptcy before the law change last fall. Those bankruptcy filings only temporarily depressed the delinquency statistics and other measures of consumer financial distress.
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