Capitalism and socialism fought a war, and socialism won.
Last night, halfway through a thoroughly depressing conversation about Fannie, Freddie, and Merrill, I looked over at my friend the anarchist: “When this all goes to hell, can I hole up with you in Idaho?”
So that’s the plan. If — when — there’s a run on the banks, when the Treasury has to start printing cash so the FDIC can bail them out, when the bottom falls out of the world, we’re heading west. There are farms out there, and generators. Guns to keep off looters.
It’s a little bit Galt’s Gulch, a little bit Reign of Fire. It’s also thoroughly ridiculous, and after ten minutes of planning we looked around and started laughing. It’s hard to imagine that kind of a world, and we all felt silly for doing it. Every generation has thought the world was going to end. Most of them were wrong.
I might want to invest in gold anyway.
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