“Do I have to go on? Every major system is fundamentally broken, yet we persist in claiming it isn’t broken and only needs a few policy tweaks because our self-interest is served by keeping our place at the feeding trough intact, never mind the consequences.” C H Smith
Once the deadwood piles high enough, the random lightning strike ignites a fire so fast-moving and so hot that it cannot be suppressed, and the entire financial system burns to the ground.
In discussing our broken healthcare system with a 22-year college graduate, I opined that Obamacare hadn’t fixed anything that was broken. She observed that real reform was impossible due to vested interests and the only real solution was to “start over.”
People constantly ask me for solutions to our all-too visible ills. You want solutions? Here’s the solution for every systemic, structural problem we face: Avoid getting hurt when it collapses, then start over.
Over the nine years I’ve been writing this blog, I’ve offered dozens of systemic solutions, and have reprinted dozens more submitted by readers. For example:
- Boomers, Prepare to Fall on Your Swords (June 2005)
- The “Impossible” Healthcare Solution: Go Back to Cash (July 29, 2009)
- Want to Reduce Income/Wealth Inequality? Abolish the Engine of Inequality, the Federal Reserve (January 28, 2014)
Nobody likes these solutions because they disrupt everyone’s place at the feeding trough. People get deeply offended when their place at the trough and their complicity in a corrupt, inefficient, wasteful, fraudulent and unsustainable system are challenged.
And furthermore, all these solutions are impossible. Continue reading