What is Occupy Wallstreet?

[Jester]

Otherwise, we end up in a downward spiral, where companies leave, our productivity drops, tax base weakens further, infrastructure fails, and then... bedlam.

There has never once been a single case of an industrially developed nation entering into such a death spiral. While that does not mean it's theoretically impossible, the USA today (and going forward) is richer than almost every nation in history. What are the odds it is going to fall completely to pieces? I'd say vanishingly small. If Britain survived the 1970s, and Japan the 1990s, surely the US is going to survive the 2010s and 2020s?

I'm afraid that when the match on our economy is finally lit, pent up inflation demand will explode beyond what they can handle. We'll have to wait and see.

We've been doing a lot of waiting, and not a lot of seeing - it's been over three years since the crisis and the first injections. At what point to you keep waiting, and at what point do you abandon the model that generated the expectations that do not match the evidence?

-Jester