What is up with the economy now? I mean right now today?
I am noticing small signs of overheating again
Overheating is what leads to trouble
too much stimulus leads to trouble
easy credit leads to trouble
I learned this from coffee. I have been drinking a fair amount of coffee for years.
Recently I cut my quota drastically.
And what did I notice? In general I had more energy and needed less sleep at night.
So the stimulus of caffeine came at a price.
On the whole it was debilitating
Meanwhile there is stress in the economy. Gold and oil are going up again
Most remarkable, in my neck of the woods, real estate is getting hot again
There is a lot of complaining about slow growth, but slow is good.
Sustainable growth is better than the crazy cycles of the last 100 years.
If we could be a little more patient and not constantly cry out for more, then we would, in the long run, really have more!
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