Well that’s nice and all, but it still doesn’t negate the fact that these same people have been making up dates every few months for almost 20 years proclaiming that the “end is near”, only to then be wrong, and to then go right back to selling stuff to a new crop of people they can dupe into thinking that the economic collapse is right around the corner.
Good post.
Timing is everything.
No doubt our debt is unsustainable.
The real problem is predicting when the markets will puke it up.
There is plenty of precedent. In fact they called it the “Great Depression”.