Joe Doakes from Como Park emails:
EBT computer system in Louisiana went down for a few hours. The EBT cards did not show a credit limit. Shoppers were pissed so Wal-Mart management said “Ignore the limit, honor the cards.”
Shoppers went on a spree, cleaning out the store. You know they’ll never have to pay it back.
Question is: is that a particular cultural thing specific to Wal-Mart shoppers, or a portent of things to come when the US government no longer can pay its debts?
There are two iron clad rules of human behavior:
- In a crisis, humans will exceed authority’s expectations. Sometimes.
- If it’s not a crisis, but merely entropy setting in? All bets are off.
OK, so those aren’t so much “iron-clad rules” as they are signs I’m un-thrilled about the prospects.