Twenty Sixteen (January 4, 2016)
. . .
K “A system that cannot go on forever will not go on forever. Can we make a resolution and agree that this will be the year of resolution?”
J “Not this year. The financial system will trudge and trundle along.”
K “Despite so many fractures and so many fissures and so much fraudulent manipulation and so few functioning markets? Next year?”
J “Probably not next year. The system is resilient enough to limp along through next year.”
K “We keep stealing consumption from the future and leaving debt. The solvent consumer is a rare and endangered species. Who will fuel the economy?”
J “The low price of fuel reflects in substantial part the lack of consumers fueling the economy. The Middle Class now is the Muddle Class. The system can muddle along.”
. . .
J “An international flare up? That is in the works and part of the plan. I reserve my right to revise my time line.”
. . .
K “Until it can’t.”
J “Until it can’t.”
. . .
[See the e-commentary at The First Look At The “Second Political Party” (January 2, 2011), The “Superfluous Consumer” (July 27, 2015) and Is The American Consumer Irrelevant? (December 12, 2011).]
Bumper stickers of the week:
Places to Go People to Annoy
I lost everything and found myself
25 sit ups / 10 push ups
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