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Paul Volcker seemingly does...

SPIEGEL: The US has not yet instituted any kind of reform policy. What we see is the government and the Federal Reserve pouring money into the economy. If one looks beyond that money, one sees that the economy is in fact still shrinking.

Volcker: What should I say? That's right. We have not yet achieved self-reinforcing recovery. We are heavily dependent upon government support so far. We are on a government support system, both in the financial markets and in the economy.

We can't borrow ourselves out of debt. Obama's current fiscal policies are ruinous. Should we be worried?

SPIEGEL: So what do you expect in the very near future?

Volcker: As an American, I have to be an optimist. But we have got a big challenge and we have to face up to it. And as you know, there is a lot of concern about the dysfunction of the political system.

SPIEGEL: So it is becoming harder to be an optimist?

Volcker: It's a challenge.

There you go.

h/t Business Insider, via Capitalogix

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