I wonder sometimes about synchronicities and the closing of the book on 'arr-ee 'awht-ah makes me think about all the financial shenanigans that have been accelerating during the time of Potter. They, too, appear to be reaching a sort of unsustainable climax. European debt debacles are going to continue and worsen. China has horrendous problems with both inflation and bad debt, not covered by what passes for media these days. Here in the good ol' USA, the Fed is in hyperdrive monetizing debt and effecting the greatest transfer of "risk" aka bad debt from the private sector - your friends at Goldman Sachs, JP Morgan, BofA, et al to US taxpayers. And our government is cooking the books on the ultra-convection setting - spitting out spurious jobs data and inflation measures, downplaying the seriousness of our structural deficit and, let's call it what it is (thank you Ron Paul for saying it as an elected official) insolvency.
I see evidence that more and more people are not buying the stories they're being fed. More are finding alternative sources of information and analysis, like www.zerohedge.com. When the audience stops buying the story, guess what happens to the "magic"? Uh-huh, show's over, folks. The magic is exposed for the fraud it is and stops working. Then there's just the aftermath. Until the next era of magic is invented.
I'll miss the distraction that was Harry Potter... but look forward to a return to basic values and common sense on the political - economic front.
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