"Just one more drink, bartender!" doesn't work forever.
"There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved."
~~Ludwig von Mises
On a happier note, the Univ of NM has not renewed the contract of Charles Truxillo the Atzlan nutjob.
He’s suing, of course.
What can I say, I've been fooled too many times by chicken littles to become a gloomer now.
Quite frankly I believe in American exceptionalism and that includes are wounderous 14 trillion dollar plus economy.