Asbytec

Warren Buffett and the Imaginary Economy

Leftfield is right...field? :) Why do folks pay attention to Warren Buffet, some hang on his every word. It's beyond scary.

On the founding of our nation, that remark goes deeper than you might imagine.

In any case, we might try to get back to business as usual, drive up personal debt, but I think, "the fairy is dead," as one contributor said.

Look for less personal debt and a slower rate of growth in the coming decades. I hope we can de leverage and deflate a lot more and get back to an economy based on science, engineering, and production...and back to our founding father's concepts where the common man can flourish.