America is no longer a land of opportunity

So says Econom

This is a long one (well, longer than the usual op-ed anyway). Here's how it begins:

A year ago, out of nowhere, the grotesque suggestion to "resolve" the US debt ceiling with a platinum dollar coin came, and like a bad dream, mercifully disappeared even as the debt ceiling negotiations dragged until the last minute, without this idea being remotely considered for implementation, for one simple reason: it is sheer political, monetary and financial lunacy.

Pater Tenebrarum submits: Spending Other People's Money

Beppe Grillo's anti-corruption, eurosceptic, Five Star Movement (M5S) is now the largest political party in Italy. Enter "Grillonomics"