For the past nearly five years, since the September, 2008 Lehman blow-up and subsequent real estate and wall street meltdown, many economic doomsayers have been predicting various end-of-the-world-as-we know-it scenarios. Even yours truly has fallen prey to at least considering the possibility of single country failures, currency collapses, a near-depression economy, unimaginable gold prices and other bleak fiscal circumstances. Allow me to go on record this sunny, late-March day in 2013 by admitting the absurdity of imagining that any of these events could ever actually happen. After all, we are all living in the Land of Oz and my friends, it is alive and well.
Anyone worrying about the PIIGS (especially Greece-the G), the European Union & America’s collective massive debts, and most recently Cyprus’ bank reorganizations, seems as foolish as Dorothy’s scarecrow was worrying about not having a brain. How lucky he was to finally meet the Wizard and find that all he really needed was a diploma! And how blessed are all of us to learn that to stay afloat, the world merely requires a sympathetic Federal Reserve chairman who can make debt seem as inconsequential as a scarecrow needing a brain. With a supporting cast including the European Union (EU), how could any of us lose confidence of surviving anything so miniscule as government over-spending or bank deposit taxation. Tsk, tsk!
Why am I suddenly so optimistic? After just surviving winter’s final blast of a late-season snowstorm, perhaps it is this fine spring day that is fueling my cheery thoughts. Or maybe it is reality; a comprehension that the “game of working and buying & selling (WB&S) must go on” and there is no alternative. Each time I fly and the plane rises above a densely populated city, I think, “There are a lot of people living there, WB&S every day. Whatever the worry of the day is, it is impossible to stop WB&S, the engine of the economy.” Since the beginning of time, it has been necessary for the “game to continue.” That is, regardless of any dire circumstance… World War, plague, famine, unsavory government, excessive religious fervor…it has been critical that people continue to W and B&S their stuff.
People with a lot higher pay scale than I have ever achieved are still running the world and they will make sure the “game continues.” I have no concept what the solution for Cyprus will eventually be, nor do I have any inkling of an idea how to solve any of the other aforementioned financial crises that face the world today. One thing that I am sure of, however, is that a Wizard will appear and rebuke me and anyone else who doubts his authority and or ability to keep the game (WB&S) going.
“Do you presume to criticize the Great OZ? You ungrateful creatures…You are talking to a man who has laughed in the face of death, sneered at doom, chuckled at catastrophe!”
How dare any of us question an entity of such importance. Rather, let each of us eat, drink and most especially, BE MERRY! And if a munchkin offers you a giant lollipop, go ahead and take it, without concern of consequences…tsk, tsk…cavities and stomach aches are for losers.
This Side of the Street 
The game must go on .
Exactly. You got the idea.