Some artist might as well add Presidents Bush, Clinton, and Bush to this campaign, no? It’s time to admit that the US has been a (somewhat and increasingly) socialist nation at least since FDR. A demographic bubble, soon to pop, has supported Social Security and Medicare etc. The New Society and Vietnam required a final shift to fiat currency. And the clock keeps ticking with the debt of the US Treasury looking more and more like the bubble of all bubbles.
These boondoggles and this artificial global bubble system will work just fine, right up until the moment that they don’t.
If something cannot go on forever, it will stop.
— Herbert Stein
This is no joke.
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