Revolutionary Future Ahead
We’ll have a better chance to get through the current crisis with sanity intact if we focus on the good things waiting for us on the other side and take advantage of them as soon as possible.
by John Mauldin
August 30, 2018
Back in 1936, in Esquire magazine of all places, F. Scott Fitzgerald wrote something profound. “The test of a first-rate intelligence is the ability to hold two opposed ideas in the mind at the same time, and still retain the ability to function.”
As someone privileged to have met some of the world’s greatest thinkers, I know what first-rate intelligence looks like. I am not in their league, but I think I’m pretty good at holding opposing ideas. It’s why I’m often called the “muddle-through guy.” When I consider contradictory scenarios, I figure reality will be somewhere in between. That’s right more often than you might suspect.
So, let’s consider two seemingly conflicting ideas.
Major economic pain is coming.
We have a bright, prosperous economic future.
Can both of those be right? I think so.
I explained last week in The Good News Economy how the current recovery should continue for a couple more years. Beyond that lies the “major economic pain” part. But be…
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