You Know The Nation Is In Trouble When…

You should see Philly. The crowds are breathtaking to not behold as the Sixers are 0 – 18. 
Tyler Durden's picture

Only the 1% can afford to go to a basketball game…

The crowd for tip-off in Atlanta… (vs Celtics)

 

h/t @TheNBACentral

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7 Comments
ragman
ragman
December 3, 2014 7:14 am

If the idiot YTs would boycott this most racist of “sports”, it would cease to exist. Add the Negro Football League to the list, especially after the “hands up” display from last weekend.

flash
flash
December 3, 2014 7:31 am

You’ll know the Republic is kaput when?

I’ll take international bail-in for $100.00.

“Bail in” has been sold as avoiding future government bailouts and eliminating too big to fail (TBTF). But it actually institutionalizes TBTF, since the big banks are kept in business by expropriating the funds of their creditors.

It is a neat solution for bankers and politicians, who don’t want to have to deal with another messy banking crisis and are happy to see it disposed of by statute. But a bail-in could have worse consequences than a bailout for the public. If your taxes go up, you will probably still be able to pay the bills. If your bank account or pension gets wiped out, you could wind up in the street or sharing food with your pets.

In theory, US deposits under $250,000 are protected by federal deposit insurance; but deposit insurance funds in both the US and Europe are woefully underfunded, particularly when derivative claims are factored in.

http://www.washingtonsblog.com/2014/12/new-rules-cyprus-style-bail-ins-take-deposits-pensions.html

IndenturedServant
IndenturedServant
December 3, 2014 8:14 am

Circuses are failing? I’m shocked!

Celtic Tiger
Celtic Tiger
December 3, 2014 12:55 pm

Wow! The implosion of wildly overpriced professional sports has begun! And I wonder how much longer college football and basketball will remain big business as the bricks and mortar colleges implode as well in the Greater Depression/Fourth Turning! These could be distant memories in a decade or so!

Olga
Olga
December 3, 2014 1:50 pm

I thought I remembered reading that those in the rock concert biz saw ticket sales falling off a cliff prior to the “official” beginning of the 2008 financial crisis.

varnelius
varnelius
December 3, 2014 6:52 pm

The 99% are buying Black Friday HDTVs to watch the game from the comfort of their couch.

We need to ban HDTV to save professional sports.