JIM WILLIE: A FAILED STATE LIES BEFORE US!
JANUARY 16, 2014
Many identifiable solutions can be cited if the people are determined to work toward a solution for the United States of America, for its return to health and strength, for its restoration as a cradle of capitalism and a beacon of freedom. Obviously it is too late, but many solutions do exist and could have been pursued following the 2000 market bust and tech telecom chapter. They also could have been pursued following the 2008 market bust and Lehman chapter.
Each breakdown has resulted in deeper commitment in the wrong direction, deeper devotion to the financial sector, deeper involvement in criminal behavior. Each breakdown resulted in an even greater dependence upon asset bubbles for wealth creation, instead of work. Each bust leads to deep corruption, not a pursuit of solutions.
Consider the list and chew over their themes, while reviewing the many policy directives in the last ten years that have remained in a dedicated and committed manner off the trajectory toward solution, while maintaining the primary official objective of retaining power. The policy answers of free money, ample controls, lost rights, and fresh socialist programs are the bitter fruit of failure.
A failed state lies before us.