There’s one way out, by the way, if you’ve followed me closely. Give people money. No strings attached, no questions asked, now, on a large-scale, more or less permanently, forget how much needs to be borrowed to make it happen. So people can fund a working society again. Or else. That’s the big question for America. The rest is noise. Until something along those lines begins to take shape — my answer is simple: Americans made themselves too poor to now afford to have the luxury of a functioning, civilized, modern society. Or is all that a necessity?
olddogthoughts 