by Richard Daughty
The Mogambo Guru Blog
Where have I been? I admit I was cowering, like the spineless little weasel that I am, in the Mogambo Secret Temporary Bunker (MSTB), which I cleverly constructed in the living room using an overturned couch and some strategically-placed cushions.
That’s where I got an email from Junior Mogambo Ranger (JMR) Phil S., who sent an interesting essay he ran across.
It was concerned with what we both, as educated people who recoil in mortal horror at suicidal Keynesian econometric lunacy, are both deeply, deeply concerned. Namely, the incomprehensibly impossible conditions in the world economy, completely saturated, as we are, with massive, unpayable burdens of backbreaking debt, and now terrifyingly teetering, teetering, teetering on the very, very verge of complete cataclysmic collapse, which is not to mention the sudden-yet-stupid appearance of completely gratuitous alliteration.
Bad times, indeed.