The Imminent Capitalist Reckoning, Ctd

In the heat of writing the last post, there was something I didn’t stress enough. The post shouldn’t have been about making a prediction. Predictions are fun, but not really that useful except to try and make yourself look smart or to accidentally make yourself look dumb. In overemphasizing the prediction, I understressed what should have been the central point, which is that – in a country with key costs rising faster than incomes – people are suffering. People are suffering and increasingly unable to afford the things they need the most. That’s what matters.

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