political interlude
"The current crisis facing the euro is the biggest test Europe has faced in decades. It is an existential test and it must be overcome ... if the euro fails, then Europe fails," said German Chancellor Angela Merkel.
Finally, a leader says something honest. Or more honest than anything any other leader of anything has said. No surprise she's from the least socialist country in the EU, while the "bailout" went to the most.
And it is more than an existential test; it is an existential crisis and the truth of the matter is that the existence has shifted, changed, never to go back, so all the looking for "the recovery" and "getting back to the way it was" are whistling past the graveyard, covering the ears and singing "lalalala". The currency almost has no option but to break what with all the printing going on.
So the questions to ask yourself are these: what will I eat, where will I live, how will I keep warm?
Husband and I were out yesterday. I couldn't believe the building going on, with empty building right beside, but it was the new cars on the lot that got me. "I can't believe they still make new cars," I said. "We could go twenty to forty years without a single new car being made."
"And imagine all the jobs there would be," husband chimed in. "Mechanics and machine shops."
"And people to paint and upholster," I said.
And in real estate, four or five families could live in a McMansion and again, people could be employed gainfully, doing something real, making those monstrosities into functional and efficient living spaces. And every yard, and every median, could grow some food.
It isn't a grim thing, this existential crisis.
