The Economy Is Like A Drunk At Closing Time

Back in my younger days when I went to bars and sometimes stayed late, there was an expression that the proprieters used to signal closing. They would say to the hangers on, "you don't have to go home, but you can't stay here." I think that pretty well sums up the state of the US economy. There is really no specified direction that it has to take from here, but most people agree that it is definitely not in a steady state position. Kevin Duffy has an interesting take on what may happen next.