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« Wake-Up Call - 09/26/11 | Main | Wake-Up Call - 09/19/11 »
Friday
Sep232011

Wake-Up Call - 09/23/11

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The Reckoning Is Upon Us

What has caused the 21st century depression? What went wrong? Why did a model which produced the most successful economy ever created go so horribly awry? Why are people so complacent? Why have living standards eroded so catastrophically? How much further will the decline go? What is the solution? Warning: do not expect optimistic revelations… More on how the debt problem was enabled. A comparison between the causality of the Great Depression and today’s depression (yet to be named – any suggestions?) The background to this one is much more extreme than that of the 1930s. Beware of the pundits. They are not your friends.

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