[iThinkBig]

The article has some convincing evidence this is the track we are on. I liked the article in it's whole, not in 100% agreement on when the problems really began to occur. I see the problems beginning with Nixon taking the US off of the gold standard in 1971 as the beginning of the finance economy, expansion through debt as an economic model. As we are finding out, expansions by debt issuance never last, especially with a depreciating currency and inflation exceeding wages over the last four decades. The charts are fantastic.

[Blood of Tyrants]

“It is very likely that Barack Obama will lead the country into the next Crisis. He will not lead us out of the Crisis, as it is unlikely to subside until 2025. “

How’s that “hope and change” working for you nitwits that voted for Obama?

[redgolum]

Trouble is I have read this idea many times over the years, and it doesn’t play out very well today. Part of the problem is that with longer life spans, the gap is more than 25 years.