American Consequences - June 2019

CONTENTS Second Anniversary Issue

JUNE 2019 : ISSUE 25

LOST? CLICK HERE

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46

36 58

4 Inside This Issue

46 Toledo, Ohio:

AMERICAN CONSEQUENCES

BY STEVEN LONGENECKER

A Lesson in Successful Failure BY P.J. O'ROURKE

6 Letter From the Editor BY P.J. O'ROURKE

54 Predicting the Next Stock Market "Flash Crash"

Editor in Chief: P.J. O’Rourke Editorial Director: Carli Flippen Publisher: Steven Longenecker Assistant Managing Editors: Chris Gaarde, Laura Greaver Creative Director: Erica Wood Contributing Editors:

BY ROMESH SAIGAL AND ABDULLAH ALSHELAHI

10 What Could Possibly Go Right?

12 From Our Inbox

58 The U.S. Economy's Dirty Secret BY TODD G. BUCHHOLZ

16 Is AI Coming to Get You? BY JOHN TIERNEY

62 How Inflation Could Return BY MOHAMED A. EL-ERIAN

22 More Than a Home BY DR. DAVID EIFRIG

Abdullah AlShelahi, Todd G. Buchholz, Dr. David Eifrig, Mohamed A. El-Erian, Andrew Ferguson, John Phillips III, Austin Root, Romesh Saigal, Buck Sexton, John Tierney NewsWire Editors: C. Scott Garliss, John Gillin, Greg Diamond Cartoon Director: Frank Stansberry General Manager: Jamison Miller Advertising: Ricky D'Andrea, Jill Peterson Editorial feedback: feedback@ americanconsequences.com

66 Paperback Pollyana

26 Small Fortune With Collectible Cars BY JOHN PHILLIPS III

68 Read This

COMPILED BY P.J. O’ROURKE AND LAURA GREAVER

32 The Bright Side of Bad Situations BY CHRIS GAARDE

70 The Final Word

BY BUCK SEXTON

36 The Upside of Dystopia BY ANDREW FERGUSON

86 Featured Contributors

40 The Bear Market Survival Guide BY AUSTIN ROOT

American Consequences

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