The end is not nigh

But it is in sight.

There is a lot of ruin in a nation, but we have had a lot of ruin.

The US government lacks cohesion, and is insolvent. Lack of cohesion means that in a crisis it is apt to disappear, dissolve into its parts, with each part seeking its own interest. Insolvency means a crisis is looming.

I would expect the Euro to collapse before the US dollar, and the Euro is not going to collapse all that soon, and I would expect Europe to collapse politically before the US government collapses politically, and European political collapse is still far off. I predict interesting times in the 2020s.

A lot of people have made the metaphor that the Democrats have been driving the bus towards the cliff at one hundred miles per hour, and the Republicans propose to slow down to ninety eight miles per hour, but are willing to compromise for ninety nine miles per hour. What are they thinking?

Noble prize winning economist Krugman explains what he is thinking, which is pretty much what the Office of Management and Budget explains it is thinking, so I suppose this is what they are all thinking: The government is going to save pots of and pots of money by economizing on various things, especially health care.

How, you may ask, is it going to economize on health care?

Among the many measures the government is deploying to save pots and pots of money on health care, is that the government is forming two large new bureaucracies with the job of telling hospitals, doctors, and patients, how to save money on health care.

Whom the gods would destroy, they first make mad. Like a poker player in the grip of tilt, our ruling elite plan to solve their problems by doubling down on what got them into trouble.

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