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March 22, 2009
This IS The Return To Normal.
-- by Dave Johnson
Take a look at No Return to Normal - James K. Galbraith.
My thoughts -- this economic collapse IS the return to normal. We have been in a bubble since the early 80's. A reality bubble, too.
As I wrote below, Markets Can Recover Downward, Too. And that is what we are starting to go through.
No more using credit cards as if everything was free.
No more living like everyone is a millionaire.
No more buying things to use for a few days and throwing them away.
No more chewing up the planet and thinking you can get away with it forever.
Trust me, it's better for everyone to live within their means. It's better for the person, better for the country, better for the world.
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