There is now something occurring that has never happened in history. There is no precedent, no model, no simulation. All of these opinions are absurd, invalid, ill-considered. The world has never been completely stalled with no major war, with highly-leveraged corporations, with JIT supply chains and enormously-complicated financial and sociocultural arrangements. Never. There is nothing even close.

I’ve spent a good portion of the last decade thinking about things like this and I don’t know what’s going to happen. These people certainly have no clue at all.