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See, we're getting another warning right now. The wild gyrations in the market? Those are heart palpitations, and they're scary. If you're in the market you probably have had that sinking feeling in the pit of your stomach over the last week. It wasn't as bad as 2008 but it sure had that familiar tinge to it.....
We've trashed our economy folks and it didn't happen overnight. We offshored our labor, destroyed the incentives for capital formation and bought more and more drugs - including the legal sort - instead of eating reasonably and being active. It's easier to take a pill (or a snort) than to go to the gym, ride a bicycle or put on a pair of running shoes.
The politicians think they have years. Most believe we have a decade, some (like Ryan) think we have two or more decades. We don't. The warnings are emergent now. The heart palpitations are happening as you read this. The first "heart attack" was bad, and we nearly died. But the damage was not repaired: employment has not come back, trade policy was not rationalized, the illegal aliens in the country are still sucking down tax funds we need for citizens, the people who sold us the drugs originally were not cut off and jailed and we all didn't stop binging. All we did was get our dope from a new pusher - the Federal government - and the government told us we didn't have to pay for the drugs as they called them "benefits" and "entitlements."
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