Saturday, March 7, 2015

Perfect Storm

Ooh, a storm is threatening
My very life today
If I don't get some shelter
Oh yeah, I'm gonna fade away
--The Rolling Stones

These pages have considered the issues. Economics. Financial system. Monetary policy. Fiscal policy. Geopolitics. All dimensions are redlining.

Yet by and large, people seem unaware or dismissive.

Could be that they are so busy trying to make ends meet that they have no time to think. Could be they don't know what to monitor. Could be that they are married to current policies and can't face being wrong. Could be that they figure someone else has their back in case of a meltdown.

One thing seems certain, historians looking back on this period will ponder how the great majority watched passively as the perfect storm positioned directly over them.

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