Let us imagine that in August of 1971 the governments of the world decreed that as of that date all vehicles of the world should run on water rather than on gasoline. Within 48 hours, at the most, all vehicular traffic in the world would have ceased.
The cause - an absurd decree - would have produced disastrous effects immediately.
In human affairs, which are much more complex, it generally happens that bad decisions do not produce all their bad effects immediately, but only in the course of time.
Today the world is struggling with an unprecedented economic collapse, caused by a mistaken decision taken almost 38 years ago.
They say hindsight is 20-20. Foresight, then, if it is possible at all, must be a product of wisdom and common sense. It is painfully obvious that our leaders are lacking in those qualities now and have been for quite some time.
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