Even Lake Tahoe Getting Zombulated
December 10, 2009
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It looks like Bill's Lake Tahoe Casino in Stateline will close Jan. 4.
The Tahoe Daily Tribune cites an internal memo from Harrah's and Harveys Lake Tahoe saying the decision came after a "consistent downward trend" in business over the past few years.
It was once thought the casino business was recession proof....but obviously not Zombulation proof. In a Zombulation world, nothing is immune from the Zombulator.....assets can become valuless, government can confiscate value through taxation, bankers can confiscate through inflation or deflation....in the end, it is about change.
And change is upon us..........a change like we have never seen before.
In a world where insolvent bankers loan to insolvent citizens at relatively high interest rates........and the bankers get bonused and as much money for free as they want from an insolvent government.....there really are no rules that apply to the citizens that can be rationally enforced when the bankers start restricting credit to citizens and private economy.
Total Zombulation is simply the only mathematical outcome you can have...........
1.01.10