You’re going to see parties disappear. You’re going to see institutions that have been around for a long time -- Lehman Brothers had been around over 150 years. Gone. Not even a memory for most people. You’re going to see a lot more of that next around, whether it’s museums or hospitals or universities or financial firms.I don't know a damn thing about the market. I don't know about finance, or the economy.
All I know is that I have some food in cans, some heat tablets, some camping gear. So if this current round of "TEOTWAWKI" actually occurs, the good news is that I'm old and cranky, and I'm pessimistic, too, so anything bad that happens is just another day in The Nam for me. I should have died by New Years Eve in 1969. But I dodged that bullet, as I've dodged many others.
Everything since then has been the Gravy in my life.
I've learned to be pessimistic, but also dubious about nay-sayers. I'll believe it when it comes, and I'll handle it or not. Hell, I've seen Bill Clinton as President, and Al Gore AND Hillary as 'legitimate' Presidential Candidates.
If we dodged Gore and The Hillary-beast, there must be Somebody Up There looking out for us.
On the other hand .. HE has a bizarre sense of humor.
So do I.