Bad Economics

I wanted to post earlier today, and it occurred to me that writing here can be something of a double-edged sword. I started this blog so that I might have a place to put my thoughts and experiences from this new world that I can't get enough of. While what I write is mostly anonymous, there are readers that know me. Those people, most of whom I've only known a short time, are nonetheless important to me. I hope to foster strong and long lasting relationships with them. It is they who might be offended or otherwise impacted by what I write; that would be a travesty. For that reason, I decided not to post. That was the right decision.

I had an opportunity tonight to talk to some of those people about what I would have written. Seizing that opportunity was another right decision. They cut right to the heart of the issue. I offer thanks.

The basis of any economy is trade. A product is manufactured and sold. When the product is not a good one, the economy it creates will, in time, destroy itself, taking with it those who participate it.

The economic system I'm talking about was in my head. There are 2 companies there. One of them manufactures a product, and the other buys it. Today both companies were operating at full capacity, paying overtime, operating in 3 shifts, preparing to launch an IPO to raise capital, build new factories, seeking extensions of credit to buy all of the product they could. The economy was flourishing. It was supply and demand at it's best. I was the the sole investor funding them with everything I had.

The problem was that the product is bullshit. One side of my brain was manufacturing all that it could and the other was buying it lock, stock and barrel.

The thing about bullshit is that it's just that - bullshit. Bullshit has no basis in reality. If allowed to, it will destroy my goals and dreams, it will make me believe things that are just flat out not true; things that have no basis in reality.

Thankfully, tonight, the economy fell. And it fell hard.

Here's to no bullshit!