The Economic Boogeyman: Uncertainty breeds fear and...
Americans have become spooked, not in a metaphorical sense, but in a real sense. The boogeyman (Also spelled as bogeyman) is defined on the online dictionary as an imaginary monster used to frighten children and the lives of many Americans these days. Of course, this phenomenon is not imaginary, the boogeyman economy has brought out a capitalist culture greatest fears, the primary being that we have become as children (Not the one that is spoken of in the Bible),or better said like dogs who eat their own vomit. The question is what is the nature of the vomit that we are eating? Well, I'll let you think about that for a moment as I defer to some words coming from the writings of one of my favorite economic/social commentators, Paul Roberts . In one of his latest articles he simply (and as usual) tells it like is is: " American power is on the precipice, about to fall. Perhaps it is a good thing. The world will be rid of bullying, of invasions of innocent countries based on b...