I responded to a post about the housing bubble on the Seattle PI (as wsdeek) with the following:
I think the housing and the dot-com bubbles show that our economy is built like a house of cards.
Answer these questions honestly:
What tangible goods do we really produce?
Who among us besides the top few percent really own something we can hold on to?
If China were to stop accepting our debt, where would we be?
How many of our jobs can be done in another part of the world for far less money?
How far beyond about three paychecks would most of us be able to live?
What support systems do we have in place if we cannot find the next bubble?
Why am I asking these questions?
Because we really need to figure out what we have become and how strong our country actually is and what game plan we should choose if the answers are less than favorable.
I have one more question:
Why shouldn’t I be able to ask these questions without someone asking me why I don’t leave my country, if I don’t like the answers to the questions above?
Any questions?