Submitted by Charles Hugh Smith from Of Two Minds
2011: The Last (Debt-Consumerist) Christmas in America
The end of debt-based affluence: welcome to The Last Christmas in America (TLCIA).
Almost 35 years ago, as unemployment rose toward 10%, the January 1975 cover of Ramparts magazine blared: The End of Affluence: The Last Christmas in America. (TLCIA)
The article wasn't referring to the religious celebration; it was referring to the postwar concept of Christmas as the frenzied, exhausting
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