Follow this link to an article on Minyanville by John Mauldin. The article describes how the current deficits may be building instability into our economic system.  I have been aware of this possibility from the beginning, but believe that future economic policies can mitigate the problem.  I have been assuming that President Obama is aware of all of this.  I only hope that enough of the congress people are aware of the danger and will not put roadblocks in the way of the President.

The article is intriguing to me because it uses ideas from chaos theory.  I have read several books recently that discuss the topic of chaos theory and how it relates to the real world.

There is still enough of the skeptic in me to ask whether or not the author has any underlying reason to believe that he is applying chaos theory to the economy correctly.  It is easy to use the latest buzz words to come up with impressive theories, but it doesn’t necessarily make those theories correct.

So I take this article as supplying an idea that may or may not prove to be predictive of what may happen if we do not takes steps to minimize the instability.  Further reading is warranted to see if there is confirmation or, more importantly, refutation of these ideas.