Submitted by David Collum via PeakProsperity.com,

For those who enjoyed his encyclopedic 2015: Year In Review, this week we spend an hour with David Collum to ask: After processing through all of that information, what do you think the future is most likely to bring?

Perhaps it comes as little surprise that he sees the global economy headed back down into recession, one that will be deeper and more damaging than the 2008 crisis:

If ever there was a clearer indication of America's "need for war" it was the latest Durable Goods orders data, which confirmed, absent defense spending, the US economy is in a tail-spin. However, as NYTimes reports, foreign arms sales by the United States jumped by almost $10 billion in 2014, about 35 percent, even as the global weapons market remained flat and competition among suppliers increased, thanks to multibillion-dollar agreements with Qatar, Saudi Arabia and South Korea.

Libya’s Foreign Minister said that the country does not need any foreign intervention to cope with threats to its security, including terrorism. Mohamed Al-Dairi said that Libya just needs better weapons, and some help “in training and planning,” The UK were expecting to be asked to send troops, with some suggestions up to 1,000 could be deployed along with a small number of Special Forces. US special ops forces arrived in Libya earlier this month and were immediately told to leave.

Authored by Frank Lutz, originally posted at The FT,

Outraged by what Donald Trump says? You are not alone. No high-polling presidential candidate in the modern era has so intrepidly drawn the ire of so many within the American electorate. And there remains no end in sight.