“This you may say of man – having stepped forward, he may slip back, but only half a step, never the full step back.” –John Steinbeck, The Grapes of Wrath
“Past performance is no guarantee of future results.”–boilerplate investment disclaimer
The last time I took a half step back, I tripped over the lawn sprinkler and almost sprained an ankle. But I managed to recover. As for the current state of Western society, I’m not so sure that past performance will save us. For deeper analysis of what all of this means for the future, visit my other blog (and podcast) at Seeking Delphi.™
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