1. I seem to look around.
People just out of cash and can't pay their credit card bill....so $40,000 lingering there....gaining interest and maybe you make a $50 payment (10-percent of what you should pay).
People just out of cash and can't pay their monthly mortgage payment.
People just out of cash and can't seem to pay their monthly car payment.
People just out of cash and can't pay on their $3,000 'buy-now-pay-later' situation with the new washer/dryer. In fact, people might have five or six of these...covering a new freezer....a new TV....a new mega refrigerator.
People just out of cash and can't seem to pay on their $75,000 student loan.
You lay all of these scenarios out and start trying to talk mortgage companies, financial companies and banks....realizing that there is some 4,000 pound 'guerrilla' in the room....ready to hurt you in a massive way.
All you folks that paid your bills? Well....here's the problem, your friend with all the debt will just 'enough' and quit....leaving you the mess to clean. Something big is going to occur in six months, and it'll be something you will remember for the rest of your life.
Yeah, a sort of 1929-like moment.
2. There's virtually no one ever given a IQ-test or a general test....for any job in America....to include Congressional or Senate or Presidential positions.
3. The general first review of profitability for the Olympics met....what they say presently....probably $2-billion (more or less) is lost. Consequences? So far....no one says much. I would imagine everything will be downsized for the next 'show'.
4. We are probably at the lowest respect level ever....for the police. Some of it....they did on their own. Some of the lost respect came due because of stupid prosecutors/judges. Some came because of stupid laws.
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