Saturday, December 9, 2017
It can be challenging to blog about the economy.
The economy is rife with contradictions and "springs" that are over-wound and begging to be released.
It does not take deep intellect to marvel at the contradiction and precariously balanced "potential energy" of a hoodoo. Nor does it take deep intellect to be bearish about the economy.
It is not a question of "if" there will be a down-turn, but "when" and the "why".
The "why" is easier to speculate about. Will it be an earth tremor? Perhaps a vandal chipping away or a thrill seeker attempting to scale. Or maybe it will be on more anonymous grain of sand, one of the quadrillions that carved out the hoodoo, that topples it.
The "when" remains a mystery.