Memory Tweak

[Michael Hipp]

Roger Oberholtzer wrote:
> On Thu, 2008-02-07 at 08:47 -0600, Michael Hipp wrote:
>> Roger Oberholtzer wrote:
>>> On Wed, 2008-02-06 at 12:22 -0600, Michael Hipp wrote:
>>>
>>>> The US and (somewhat more recently) most of the industrialized world has been 
>>>> living in a dream world of economic bubbles fueled by worthless paper currency.
>>> So, you mean to say, business as usual...
>> No. Definitely not.
> 
> ... or, all hell breaks loose and
> the money is forceably returned to its real value independent of what
> the government may want. 
> ...We are currently entering a
> correction of the latter type. Again. And not for the last time...

No generation living has experienced such a thing so I'd find it hard to 
categorize as "business as usual". (I'm thinking of "developed" 
countries of course.) The closest approximation might be early 1900s 
Germany or the US. But nothing on a global scale. I can't imagine anyone 
wants to revisit that particular quarter century.

Do some Googling on "derivatives".

And ponder what the economy of the US will look like once the zero 
savings, maxed-out debt scenario has fully played out in an economy with 
no foundation and a Katrina-esque population that can think no further 
than to imagine that the government will somehow magically make 
everything ok.

I'm thinking of voting for Hillary as I think she's the one most 
deserving to be president during the coming catastrophe. :-)

Michael