So I’m at this Pacific Gateway economic forum downtown yesterday, and this guy in a suit is talking about what I guess we’re gonna call the new-new-new economy, one in which everyone’s either broke or a millionaire, and he’s gearing up for how we’re in for a paradigm shift, which is a fancy way of saying if we haven’t already made it rich, we’re screwed. And then he says “What happened? You could say that Atlas shrugged.”
Funny way of looking at this:
Figure 1: Atlas Shrugged?
I don’t think it’s so much that Atlas shrugged. Atlas spent the last six years or so on a bender, drinking gallons of Middle American hooch, so much so that Atlas got projectile diarrhea all over the world’s financial markets. This ain’t simply a phase in economic development; this is the ultimate result of laissez-faire greed coupled with cronyism–this is what happens when rich assholes get to forget about accountability. And once again, the younger generation’s being handed a crap sandwich and has to take a bite.
