Yesterday I described the conditions that render the U.S. ungovernable. Here is a chart of why the U.S. economy will also be ungovernable. Longtime readers are acquainted with the S-curve model of expansion, maturity, stagnation and decline.
This is why the economy will be ungovernable: all the financial gambits that have been played to create the illusion of "prosperity" have reached stagnation/decline.
1 comment:
Who thinks this is going to turn out well??
Tinkerbell, Snow White, and the Lion king.
They are running out of tricks to prop up the economy.
It will happen very fast. Better be ready.
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