Coming economic crisis?

[rubytue]

On the doom and gloom front, my brain spends far too much time contemplating crises beyond the environmental. Like, that if the asshole makes his comeback, we did not keep our republic, and the mess that will results. And then I’ll be driving somewhere (always when I’m driving when my brain meanders into existential dread), and think about how we’ve been doing all this planning for retirement and it seems so Pollyanna to just be lalalala everything is going to be like I expect it, and what I started planning for in 1996 is still my goal, and here we all are driving to work, pretending all is normal, when the world is not. Between climate change, trump, everything… what the hell am I doing and what should I be doing?! 

That was a long, not very coherent babble to introduce an opinion piece Gift link wapo.st/47t88i5

[konapoppy]

I agree with the article that it seems we are on the precipice of a fundamental shift. No one I know is looking forward to this year. It felt like our country was being held together by duct tape. With so much turmoil in the world, it’s hard to believe that a decade from now life, including our economy, will resemble what life was like in even 2015.

[Pom]

I feel this. And then I think about my grandparents’ and my mom’s lifetime. The end of WWI, a pandemic, the Great Depression, the rise of Nazis. I guess we were led to believe these things would not come for us. It’s our turn and we cannot shy away from reality or the fight. It’s sad that a loud minority hate change and progress. But the rest of us want the world to be better for future generations.

[ellipses84]

I was actually feeling better about this last night as it seems like my 401k that started dropping 2 years ago has been on a steady upward incline for the past year, lol.

I agree that despite all our resources the US has turned into a bit of a banana republic (politically unstable, owes money to foreign entities) and between the rapid change of technology and climate we can’t assume the future will be anything like the past.

[smock]

So Mitch Daniels, former Republican governor of Indiana, wants to complain about how the government is dysfunctional and deficits are too high, but the only politician he blames in the Op-Ed is Barack Obama? Something isn't right here.