Maurice, <<with California bankrupt, there should be an opportunity for me to bid for one of the motorways ... I bid US$100,000>> ... as usual, you are holding the wrong playbook, read the script upside down, while those around you are trying to do a brain operation.
Greensputin will eventually have to step in, do more rate cuts, and Bernankaput, devoid of imagination, will have to create more monetary electrons, step-up money voltage, and together, they will resolve nothing, except to make that highway very expensive by act of inflation and by move to cut your USD purchasing power.
The Californians, as is typical, will revolt, pass laws by direct democracy, making collection of highway tolls illegal, and so California will descend further into socialist hell, eventually, as is usually the case, set class against class, north against south, Hispanics against the Chinese, whites against blacks, and by and by, Oregon will see a population increase, assuming it is financially able to absorb same.
Maurice, you must stop drawing straight lines through every three points in space, and start thinking in terms of spheres, as in bubbles, as in we are now solidly within a monetary inflation bubble, floating towards a field of sharp pins.
Chugs, Jay |
