synapse collapse

This is a brief glimpse into how close we came to a near-global economic collapse. What’s that? You thought that happened? No, not quite.

This is another video that leaves out some of the intricacies and depth behind these actions. Probably for the sake of simplicity, but also for the sake of FUD (that’s fear, uncertainty and doubt). The more you can freak out the viewer, the more we see support for lining up and writing blank checks as part of our bailout.

Either way, the bailout is the equivalent of using a band aid to heal a decapitation. The checks our government is writing won’t mean much if we can no longer get credit on the global market. All the economic strength and might this country has built over the past 50-100 years could be flushed in short order due to some insanely irresponsible investments made over the past 15 years by everyone. Not just wall street, but main street too.

That said, we still have to try something. I just hope our individual actions and the actions of our elected officials are deeper and more forward-looking than “write the check and let the next guy fix it.” If that happens—if D.C. and Wall Street continue business as usual—we’re all fucked.