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BENONOMY, SALANOMY, ITS REALLY THE THE ECONOMY

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A prediction of the future of our now debt-ridden by war, economy.

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A long run of interest rates well below 10%, trillions of dollars in war (or any debt) debt, stupid, politically, vote getting, tax cuts, booming housing sales, escalating land prices, increasing joblessness, sky high gasoline and fuel prices, slovenly, excessive, medical and insurance costs, unprecedented, unbridled greed and arrogance among ignorant, conspicuous consumption, driven, nouveau riche', the spoiling of, guilty, adoration and centrifugal focus on children, the expansion of those who buy above their means, the increased sale of over-the-top extravagant sport and luxury vehicles and second and third homes, the expansion of individuals buying rental properties, all of this leads, inevitably, to the following economic realities repeating themselves, in reverse order: 1987, 1973-81, 1952, 1929/30.

Conclusion? Are we heading for debt driven, cross between 1987 and 1929, to say nothing of the worst fascist, violence driven society since that of Nazi Germany of the post depression, pre-war era? Time To Start Shorting? Ask a good market analyst. Time to vote Progressive? If you don't know that, it's time to see a different sort of analyst.

 

Professor Bagnolo has majored in: Cultural Anthropology, Architectural design, painting, creative writing. As a child prodigy, abed with polio for almost two years, he was offered an opportunity to skip three grades at age 8.
Later He was a (more...)
 

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