The Sponge Is a Mess!

I see our economy headed into a period of dire "pay-back time." Economic laws of cause and effect are always at work with the only unknown being how people will respond as the force of these inexorable economic laws come down upon us. Whatever comes surely will be unpleasant because of the massive economic harm that government has already inflicted upon our economic liberty and the market order. Government caused malinvestments and past pricing distortions must be eradicated for any real recovery to evolve, demanding a necessary time of "devolution" before any real economic progress can be realized.

An old geezer prognosticates about our economic future.

All debts must be repaid, either by the borrower or the lender. ~ John Wrisley