Are We Almost There Yet?

Recently, I walked by our local Radio Shack. Strangely, my heart skipped a beat when I saw the generic clearance signs and the emptiness just beyond the glare and my reflection in the storefront glass.
It was bizarre to see this fixture of my childhood almost – finally – gone.
I had to walk in. One last lap through the familiar sections. I knew each section – all the wires and kits. I remember the catalogues. The homey feeling. The quirky salespeople.
I suppose I hadn’t really needed Radio Shack for some time. And of course, I wasn’t alone.
They turned to a high pressure sales force featuring Apple products and cell phones, next to low end brand name speakers and all manner of adapters and other equipment that was easier to shop for elsewhere.
Where was everything?
When did they announce the bankruptcy? Hadn’t they been going bankrupt for years? I thought out loud.
Probably, this was long overdue. RadioShack, the institution, had quietly succumbed years before.
As I walked by the empty shelves, I got to thinking about bottlenecks, and my childhood, and my lifespan which just so happens to be almost equivalent to the month of when the U. S. closed the gold window for good.
Combined with the ongoing emergency monetary policy measures, and interest rates (the final visible frontier of intervention) largely negative, we also have a massive ballooning of political-financial mass media propagated hydrogen gas ready for any random spark.

This post was published at Silver-Coin-Investor on February 26, 2015.