If America somehow managed to educate millions of college students without burdening them with $2 trillion in debt in 1993, why is it now “impossible” to do so, even as America’s wealth and gross national product (GDP) have both rocketed higher over the past 27 years?
Corporate America sacrificed national interests in service of greed, and so did the U.S. government.
Perhaps we should update Marie Antoinette’s famous quip of cluelessness to: “Let them eat space tourism.”
So go ahead and say whatever you want around all your networked devices, but don’t be surprised if bad things start happening.
Maintaining the illusion of confidence, permanence and stability serves the interests of those benefiting from the bubbles and those who prefer the safety of the herd, even as the herd thunders toward the precipice.
Great swaths of the American workforce are already on strike or slipping away from the dead-end treadmill.
As I often note here, when you push the pendulum to an extreme of wealth and income inequality, it will swing to the opposite extreme minus a tiny bit of friction.
All debt-fueled speculative bubbles pop, even as cheerleaders claim otherwise.
There is a downside to steel reinforcing bars: they rust.
I happened to be in a Big Box Emporium, buying two bags of whole wheat flour, when a strange revelation struck me: almost nothing in this giant emporium was made in the USA.