Once You Run Current-account Deficits, You Depend

If We Didn't Have Greed, Market Economies Wouldn't Be As Innovative As They Are. But In My View, Greed Has To Be Contained By The Fear Of Losses, So There Has To Be A System Where, If You Take Too Much Risk, You Go Into Bankruptcy. You Don't Systematically Bail Out People Who Take Excessive Risks.

If You Worry About Financial Armageddon, It Is Indeed Metaphorically The Time To Stock Your Bunker With Guns, Ammunition, Canned Food And Gold Bars.

Gold Has No Increasing Value. And If You're Really Worried About, Say, Inflation Rising, I Would Buy Spam. You Know, You Can Eat Spam. You Cannot Eat Gold.

Once You Run Current-account Deficits, You Depend On The Kindness Of Strangers. This Might Be The Beginning Of The End Of The American Empire.

I Think It's True That The 1 Percent Or The Elite Are Living In A World Of, Maybe, Excessive Privilege, And They Don't Fully Realize How Much Pain And Suffering, How Much Anxiety Exists Out There.