There will be so many assets up for sale across the USA in the months and years ahead that the very sun in the heavens will take on a K-Mart blue-light-special glow. Houses with miles of granite countertops, Maybach automobiles, cabin cruisers that burn thirty gallons of diesel an hour, and much much more. There will be so much slightly used (or barely "pre-owned") stuff for sale that manufacturing another unit of anything (or importing it) will seem like a sick joke. Alas, there may be very few buyers, at least here among the current natives of North America. And so you get "new pricing," and a deadly downward spiral.
Of course, all that creates a problem for the masses of human beings who theoretically support themselves by working to produce new things of value to be bought and sold . But let them watch Nascar! Let's take whatever little remains of our tax revenues (or bonding ability) and build a dozen more speedway ovals around the country, and tweak the stock car engines so those suckers can run on ethanol, and shower the fans with Little Debbie snack cakes as they count the laps. ...Believe me, the public will be so deliriously entranced by the spectacle, they won't notice anything else going on in the background of our nation.
This is how America enters the Long Emergency -- in a Nascar rapture...I apologize for what has been a rather excessive spewage of mixed metaphors this week, but the extreme abnormality of events has just got me going. The bottom line, though, is simple and straightforward: things may appear normal for the moment, but we are heading into a shit-storm as sure as Sam Walton's descendents contracted to buy all the three-ringed loose-leaf binders made west of the international date line. America, you're about to go back to school the hard way.
Monday, August 27, 2007
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