WCMeyer wrote:2012 should rightly be the end of the 'commonly accepted' world, meaning this insane economic tight-rope act that most of the first-world countries have been performing.
Let's grind it to a screeching halt, and prove the Mayan's right.
I would argue that the "commonly accepted" economic world ended with the beginning of the housing/financial crisis in 2007. Right now, we sort of exist in an economic oz of untold surprises. Eventually, we'll wander out of Oz, but for the time being, we are stuck here with only central bank action and computer algorithms driving our trading markets.