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It would also mean we would not be getting out of a recession any time soon. That's going to cause a lot of hurt, and won't be a pretty thing to be a part of.
Ah sir , you have not read the words of the wise, as quoted by the wise in the editorial sidebar this morning, have you?
“To be thrown upon one's own resources, is to be cast into the very lap of fortune; for our faculties then undergo a development and display an energy of which they were previously unsusceptible.”
—Benjamin Franklin
"Lucky, lucky, lucky ... fair fortune on Americas brow doth smile" -anon.
Poor Richard had no way of knowing what unlimited credit, 24 hour shopping and the popular media would do to the American mind.
Nice to have the "can do" spirit -- it comes in handy at times -- but if'n I were you, I'd get myself a S&W and learn to use it...
Just in case we're all thrown upon our own resources...
For us non-US people that "S&W" was an obscure reference.
What do them USA types like?
Guns.
What is a popular gun in the US?
Smith & Wesson.
... or is it even more obscure?
"S&W"
=
"Smile and Wave".
I consider resource shortages to be a great gift. Without scarcity, populations consume until they die in their own wastes.
Unfortunately, it looks like we have both source and sink problems simultaneously.
"Climatic changes appear to be destabilizing vast ice sheets of western Antarctica that had previously seemed relatively protected from global warming, researchers reported yesterday, raising the prospect of faster sea-level rise than current estimates."
http://www.washingtonpost.com/wp-dyn/content/article/2008/01/13/AR200801...