The World is Having a Nervous Breakdown

If one has been in the habit of reading history then the events of the past and of the present inform each other. For this reason, it occurred to me that the world is once again having a nervous breakdown. It’s not just about money, though surely the nations of Europe along with the U.S. have spent themselves into the poorhouse in ways that defy the imagination. If it weren’t so serious, it would be comical to see the desperation that has led our Federal Reserve to print money backed by nothing and to watch the central bankers of Europe move gobs of euros around between the new mother church, Germany, and the banks of Greece, Spain, Ireland, and Italy so that they can pay their bills.