....during the FIRST Great Depression:
The current global economic climate shares a lot in common with the years leading up to World War II, and that's not a good thing, says CNBC contributor Ron Insana.
"Like today, in 1937, the U.S. and the rest of the world were five years removed from the first leg of the Great Depression and beginning to find renewed confidence in the pace of global economic growth, or, in some cases, ignore instances in which economic activity left something to be desired," he writes in a commentary for CNBC.
Wow. It's taken almost six years, but somebody in the Obamedia has finally used the "d" word. It's about time somebody besides me noticed what has been so day-glo obvious for so long.
Of course, Insana is concerned about "tighter monetary and fiscal policies," which are less likely to come out of the Obama Regime than Miley Cyrus joining a convent, and more economically worried about Europe, Japan and Red China than the United States, which is akin to fretting about a flat tire when your engine is missing, so let's not give the man too many props.
Still, he's popped the "depression" cherry, and he appears to have a good handle on the "world at war":
"From Moscow to Madrid, the geopolitical and economic issues are thorny, maybe the thorniest we have seen since the period prior to the onset of the calamities of the late 1930s and '40s," he writes.
"Mark Twain famously noted that history doesn't repeat, but it rhymes. Let's hope the iambic pentameter to which the world is listening to now can be re-written before it becomes too repetitious for comfort."
Sorry, man, we missed our last shot at that when "we" re-elected the twenty-first century "FDR" - just as "we" will a third time in 2016. And this time, "Pearl Harbor" is going to be a lot "hotter," just the beginning, and two oceans aren't going to protect the homeland from what its insane voting folly will have wrought.
Nothing clears the coast for media candor like an apocalypse that need never have happened, huh?
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