In “Empire of Lies, Kingdom of Magical Thinking”, Charles Hugh Smith (October 30, 2007) said, “We in the U.S. live in an Empire of Lies…here in the Empire of Lies, the Kingdom of Magical Thinking is only open for a limited time.”
Smith is referring to the recent real estate bubble and the delusions which led to the debacle, but he is wrong that the Kingdom is now closed. This is because Magical Thinking is not confined to a finite set of rules. Contrare; it is flexible, fluid, adaptable, a thing of beauty in the eyes of the afflicted.
It is a disease, and it is running rampant.
In late 2008, we saw the coming storm, and it has come to pass. We thought then, and now are firmly convinced that the USA (and to some extent the developed world) is in the new Age Of Reality...
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