Can It Really Be Over? Warren Buffet's Partner Thinks So

SEE HERE I'd like to think that Charlie Munger is wrong, but you have to sit up and pay attention when someone who's a partner with Warren Buffet makes a column with a headline like "Basically it's over" ... What?! Clearly the economy has been seriously mismanaged and the current administration seems hell bent on finishing the destruction that decades of mismanagement has put in place. I hate to think it, but maybe we need an economic collapse to put rationality back into the system. That is a very painful way to get "religion" when it comes to sound economic policy. Let's hope he's wrong but act as if he's right and start reforming the system.