In times past, we used to have trouble in D.C., but the markets and the U.S. government always recovered. It was really amazing to watch – nothing could stop the 7th world power.

Then came massive over-reach under Clinton and bush, and more ill-fated massive financial over-reach under Obama to try to kick-start the economy and salvage the financial system. Enough red ink to drown every semblance of strength.

Our American system is so sapped of its former strength and independence – both politically and financially – that there’s no bounce-back anymore. No relief rally that will be sustained.

America needs a ventilator – it can’t even breathe on its own anymore.