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If you do not understand that it is NOT a matter of IF but a matter of when a crisis is going to come, you according to Darwinian logic will not survive. Nothing has been fixed, there has essentially been no recovery. Just stasis and stagnation in the face of ever greater governmental need to pay it's increasing obligations. There was one factoid that I presented ^^^ that should have scared the piss outa you. That fact is the Dollar Standard for Money Market funds was broken in 08. Nothing is sacrosanct anymore.

That is the environment you are living in and there is NO WAY to run away from it. You are along for the E ticket ride on the Titanic for better or worse.

The Big government entitlement state is broken and has gone BK. It was a reflection of a prosperous nation where the politicians are mere reflections of the larger society. . For this is a reflection of the Americans peoples expectations of being a prosperous nation which no longer matches the exigencies of the situation. Your seeming prosperous lifestyle is being bought at the price of going deeper into debt. This year 680B. This facade of prosperity has been going on since 1968.

This is reality 101, and there is no getting around it except through denial and delusion.

Jamie Dimon of Chase has recently said, "The politicians in DC are "stupids" and what we need to unleash the powerhouse of the US economy are the "right policies." "That corporations sic should be a bit wiser and think in terms of what is good for the nation and not just themselves." He further said that the Bank have recovered and are healthy. While the banks maybe healthy the rest of the economy staggers along. Just ask our correspondent Wolf about the global guitar business that he is in. In this it is not a Clinton, GW, BO or Trump thing but the trajectory of history where the mindset of the expectations of the American people plays an important factor. In avoidance of the hard choices to be made events will dictate the terms of the new reality to be made.

There is a reason why those "right policies" haven't been enacted and there is a reason why all the kings men and kings horses through the tried and true tools of juicing an economy have not worked MR DIMON.

The underlying reason is that the Global Economy of Consumerist Scale has reached it's extremis...it has run out of people with the where with all to consume, run out of cash and now out of credit to consume. The obligation (servicing of debt) on future earnings has become so great that that consumers can no longer expand their consumption. We have reached the tipping point of that delicate balance...

THEY DON"T GET IT...