If you don’t discern any of these dynamics in the present, what are you choosing not to see?
Is that a red flashing light on the control panel of “the man behind the curtain”?
If we have indeed begun a sustained “reversal of fortune”, it might be prudent to consider the possibility we’re only in the first inning of a sustained run of back luck.
All the tricks to hide our unaffordable cost structure have reached marginal returns. Reality is about to intrude.
Here’s looking at you, Federal Reserve–thanks for perfecting ‘legalized looting’ and neofeudalism in America.
When the top 10%’s bubble pops in 2021, the loss of illusions/delusions of security and wealth will be shattering to all those who believed artifice and illusory “wealth” were real.
So party on, because “the worst year ever” is ending and the rebound of financial markets, already the greatest in recorded history, will only become more fabulous.
Choose wisely, America, or the options for a positive outcome will vanish like mist in Death Valley on a clear July afternoon.
We think we’re powerless because we don’t have wealth and power over others, but nothing could be further from the truth.
What happens when America finally admits its middle class is a phantom of feel-good fantasy? We may well find out in the next four years.