Thursday, September 19, 2013

At First a New Economic Truth is Denied, Even Ridiculed. Then a Confused Panic Sets in Followed by Anger, “Why Didn't Someone Say Something Sooner?”

Acceptance follows along with a search for solutions, but that's still to come for most of us.... With our Debt-to-GDP Ratio above 100%, we are in the collapsing economy denial stage right now. Let's look at it metaphorically: you’re at a party in a small apartment. Suddenly, at 11pm, a pipe pops, drops of water trickle in.



Read more about At First a New Economic Truth is Denied, Even Ridiculed. Then a Confused Panic Sets in Followed by Anger, “Why Didn't Someone Say Something Sooner?”

No comments:

Post a Comment