Recently a friend said we're about to see the Red Lobstering of the #US, referring to the time the restaurant chain was bought out, had its supply chain directed vertically, and then sent into bankruptcy.
At first I thought he was just going on one of his normally nutty rants, but then I realized he had a point, just in the opposite way from what he meant.
We've been in the Red Lobstering process for a long time. Measures ranging from national debt through public dissatisfaction with how power has been used point to that.
So what we're seeing now is the end of the story, not the beginning: the bankruptcy.
I always point out that #Trump is the result, not the cause. In this case, he's tearing things up like the bankruptcy administrator when things can't keep going as they were.
Yes, it's painful. Bankruptcy always is. And it didn't have to be this way.
But here we are.
