Quote:
Originally Posted by Scott Douglas
We're too close to the forest to see the trees Tabs.
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You see the trees but not the larger forest.. but you essentially got it right.
I see the mechanics of it because I can stop and pull back to take the long view. It is like seeing all the balls on a pool table in motion at the same time and knowing what their trajectories are. The trajectory went wrong in 68 with LBJ and the SS Trust into the GA..since then it has been one bad decision after another.
At first it seemed a small thing as the USA was so wealthy, but as the wealth was dissipated it became harder and harder to maintain the illusion.
Today the powers that be are hesitating to pull the trigger on more printing and borrowing.. The question then becomes do they know something that we don't as a causation for the hesitation?
The thing that they might know is that they realize that we have truly come to the end of the road where you can't kick the can anymore..