Sunday, March 25, 2012

The Sky Really Is Falling

There will be doom and gloom.

Abandon hope.

Our Execupundit points us to one short article that most can understand, ominously, nicely.

Gradual Insolvency About To Speed Up by Mark Steyn

The money shot for E.:

"We are headed for the most predictable economic crisis in history," says Paul Ryan. And he's right. But precisely because it's so predictable the political class has already discounted it. Which is why a plan for pie now and spinach later, maybe even two decades later, is the only real menu on the table. There's a famous exchange in Hemingway's "A Place In The Sun." Someone asks Mike Campbell, "How did you go bankrupt?" "Two ways," he replies. "Gradually, then suddenly." We've been going through the gradual phase so long, we're kinda used to it. But it's coming to an end, and what happens next will be the second way: sudden, and very bad. 


...  "Suddenly" is about to show up.


Have a great day!

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