Ritholtz: America Is So Not In Decline

After five years of financial crisis followed by economic frustration, many Americans are starting to believe that the country's best years are behind it and that we're starting a long, slow decline.

Balderdash, says Barry Ritholtz, the writer of the Big Picture and a fund manager at Fusion IQ.

It's true that America's in the middle of a crappy economic decade, Ritholtz says, and the lousy growth will probably continue for the next 5 years. That's how long it takes countries to work through the aftermath of a debt-binge and financial crisis like the one we just had. And the U.S. isn't going to find a miracle cure, no matter what the politicians say.

Keep reading: America Is So Not In Decline: Ritholtz