My regular blend of ... whatever it is ... will be returning soon. In the meantime, a good read is at Kevin's place.
In the James Cameron [*spit*] movie "Titanic," there is this great scene that illustrates a point about our current economic situation. The iceberg is struck. Because of the glancing blow, the more primitive metallurgy that resulted in brittle steel of the hull, a long gash was ripped across three of the main watertight compartment sections of the front of the ship. With the first three main sections rapidly filling with water, the engineer/ship designer, played by Victor Garber, lays out the side view plans of the ship to show the captain that there is no doubt that the ship is going down and there is absolutely no way to stop it. It may take an hour or so for the ship to disappear below the waves, but no amount of bilge pumping or anything else is going to stop the inevitable.Go read Our Economic Titanic.
That's what is happening with our economy.