There is still something in me that refuses to believe that America will suddenly and dramatically collapse, despite the signs all around. We'll have to go through another civil war first is my guess. So with that far on the horizon I'm going to take a breath for a moment and remember how far we can indeed fall without breaking.
Somebody thinks that I will pay three days of third world pay for foaming shampoo for pets. Is that sustainable? No. But it does mean a fool and his money will soon be parted and there's plenty of partying yet left to do in the Slice.
I asked my colleague Don about figures and he gave me the ones I have decided to remember. They are all about new car sales. We hit a peak in 2000 of just over 19 million units on an annual basis. And we hit bottom in 2009 to somewhere around 10.5 million. Now Japan Inc is suffering and perhaps even fewer cars will be built and sold this year for America. But what do we really need new cars for? There's a post-industrial generation coming of age. Will they care about automobiles as much as I do. I wouldn't bet a cent on that. They'll spend 300 bucks a month for broadband though. Think about that.
We will survive the transition.