At all levels debt is terminal unless excised. The fatal error of Britain declaring war against Germany in 1914 finished it off and imminent war declared by the U.S. will do the same. Increasing debt for consumption achieves nothing. Poor, sad America! It didn’t have to be this way. Industrial production continues to collapse. Consumers are maxed out. Didn’t anyone get the message? Obamacare spiraling down into oblivion. Some fascinating information about ‘happiness’. The real horror that awaits a (nuclear-free) world. The downside to the technology revolution. The grim destiny of Europe: comments by its founder. Dallas police and firefighters are quitting and grabbing lump-sum pension payments while there’s still money in the kitty.
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