Tuesday, June 4, 2019

After Record-Long Prosperity, Here’s What Could Knock the Economy Off Course



Since World War II, the average U.S. expansion has lasted just 58 months, less than half as long as the current one, but periods of extended growth have been common in many other nations.  WSJ


What could knock us for a loop with our economy?
Perhaps a tariff on golf balls or bubblegum maybe.
With wages rising up and up, it's hard to comprehend
prosperity may suddenly come to a crashing end.
But economics teaches us that no good thing can last;
just when credit cards are paid, there comes another blast.
Detroit runs out of rubber or the California vines
stop producing grapes to make delicious vintage wines.
Canada debases its beloved coin, the Loon --
or we run out of rocket fuel when flying to the moon.
There are so many reasons why the boom times might soon cease;
so I will sink my money in a sure thing, like goose grease . . . 

No comments:

Post a Comment