Greece is saved for the 14th time. Delusional American consumers are confident. Home prices are soaring and are now only 30% below 2006 levels. Obama will save us from the manufactured fiscal cliff crisis. Egypt is our ally. Iran and Israel will reach an agreement. Issuing more debt to solve the worldwide debt problem will work. The world will return to normal any day now. The economy will grow by 4% in 2013 when Obama’s economic policies are implemented. This 4th Turning will end without bloodshed, financial disaster, or any change in the existing social order. All is well.
