You Know It’s Bad When 3.1% is Too Expensive

by James Hickman
Schiff Sovereign

The year was 1991. The shoulder pad fashion craze of the 1980s was finally coming to an end, and Kurt Cobain’s “grunge” look was in.

The Silence of the Lambs hit the theaters and swept the Academy Awards that season (with a nice chianti and some fava beans)— Best Actor, Best Actress, Best Director, and Best Picture.

The World Wide Web became accessible to the public that year.

The Berlin Wall was a distant memory, and the Soviet Union was dissolving in front of the world’s eyes. Gorbachev resigned on Christmas Day, and the Soviet flag was lowered over the Kremlin for the last time.

Overnight America became THE dominant, unchallenged global superpower.

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