atomic_fungus (atomic_fungus) wrote,
atomic_fungus
atomic_fungus

#4743: Someday I'll have a job where I won't come home exhausted like this

But today is not that day.

This was me yesterday, though, so I am not complaining; I am merely making an observation.

* * *

Greece's can-kicking cannot go on forever. When it cannot continue, it won't, and then things will get "interesting". And not the good kind, which is why I put it in scare quotes: I'm scared of what will happen to the world economy on that day.

There is another real estate bubble being blown. The last real estate bubble wrecked our economy when it popped, and because all the bad debt was not cleared we are in a cloaked economic depression which will continue to be cloaked until it cannot, much as the Greece situation will. That will also not be a good day.

As long as Wall Street's losses are socialized (via QE and TARP and other government actions) the rich will get richer and the poor will get poorer. This is not the Reaganesque "rising tide lifting all boats" and even the statistics which are most flattering to the Obama administration look like complete shit compared to the worst stastistics of the Reagan and Bush years.

* * *

The other day Mrs. Fungus and I got out the lawn chairs she bought late in the summer of 2013, and we sat in them and watched the stars come out. It was a very pleasant way to spend an hour or so, just being together on a pleasant May evening.

Would have been better without the damned mosquitos, of course. Argh etc.
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