More and more I am thinking that we are either in, or rapidly approaching a phase-change. It might not happen, but I am giving odds at 4:1 for the phase change.
Oh, I know that y’all think that I am waffling with the odds thing. Here in tin foil hat land, one must scream with absolute certainty about these things, but, I have been too wrong too many times to have any faith whatsoever in my infallibility.
So anyway, there is a 20% chance of us being able to pull out of the nastiness. But is depends on some pretty damn weak reeds. Those reeds are the national politicians in the G20.
Cuz’ you see, it will require a concerted effort by everyone to stop the slide. Every country will have to take a huge hit and we here in the good old USA will have to eat more s#^% than the others, after all, it is the group of thieves who have hijacked this country who started the whole mess.
What I am hoping for is that somehow the leaders of the G20 will come together and come up with a real plan. One that recognizes that fault needs to be laid, punishment meted out, and then left alone. That errors in judgment were made and too much greed was let run free. That the Davos-style greed and arrogance led us down a primrose path and we must return to simplicity and brotherhood and care for our neighbor. That beggar-thy-neighbor is wrong-headed and will lead to worse outcomes.
OK, OK, maybe the odds are bit lower than what I stated, but I can hope can’t I?