Yeah, the crisis is a process, not an event. Some folks recognize it way before it happens, but most don't, and those who are in power also tend to be clueless. They keep kicking the can until it no longer can be kicked. That's the proverbial SHTF moment. Then they do what had to be done years ago. -g- If we are lucky, that is. We may not be so lucky. -ng-
FWIW, Mr. O. reminds me of Gorbachev in Soviet Union. He recognizes things must be done, but is not able to do it, change "the machine", which has to be destroyed in order for the society to grow. That is because the changes he implements are half measures that really preserve the monster.
The true collapse is years ahead. I'd give 2-4 years until the true SHTF moment, the bottom of this crisis of the country. Now, I don't know if the DOW will trade at 3K, 8K, 100K, or 1,000,000K. Anything is possible -vbg- |