...now for the potentially bad news...
Mish addresses a question of "things that can happen but never do" in:
Things That "Can't" Happen
It's an excellent insight to start the year off with.
"I believe the country faces a critical crossroad and that the decisions that are made or not made within the next 10 years or so will have a profound effect on the future of our country, our children and our grandchildren. The problem gets bigger every day, and the tidal wave gets closer every day." - David Walker, comptroller general Aug. 2005
