it is amazing to me that folks here and there are even bothering to speak of bottoms and recoveries
it will take education of the debtors to enable them to behave as delinquent debtors should
there is lots of time for education
graduation would be when 51% of the middle class is completely wiped out behind the shed, 48% badly mauled on the way behind the shed, and 1% horribly terrified of all the silence they hear
by ceremony time, only 1% of the upper classes would be doing well, and then most of them gets taken to behind the shed by righteous majority.
count on it.
the maids and teachers may do ok, if they watch their budget, live within means, and do not fall to the false allure of the equity culture at any sorry juncture.
there are some who believe, without foundation, that the farmers will do ok, to which i counter, no, the farmers will be liquidated, overwhelmed by competition, or something more horrible, herded into communes like so much cattle
watch and brief, the bear market, doing its thing, biblically, all around the planet |