Friday, March 20, 2015

A statement of the obvious.

As I have stated previously, anyone with half a brain should be able to see that we are living in the greatest debt bubble in human history. Anyone with half a brain should be able to see that the “too big to fail” banks are being extraordinarily reckless (derivatives, etc.). Anyone with half a brain should be able to see that our formerly great manufacturing cities are being transformed into crime-infested hellholes. Anyone with half a brain should be able to see that the middle class is dying. Anyone with half a brain should be able to see that the exact same patterns that led up to the great financial crisis of 2008 are happening again. Anyone with half a brain should be able to see that we simply cannot consume far more wealth than we produce as a nation indefinitely. Anyone with half a brain should be able to see that the incredibly foolish decisions that our politicians have been making for decades have placed us on a road to utter disaster.
"There Is Hope In Understanding That A Great Economic Collapse Is Coming." By Michael Snyder, The Economic Collapse, 12/14/14.

1 comment:

  1. "Maybe so, but at least I got my share"

    Hence the problems grow bigger v

    ReplyDelete

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