A recent newspaper sounded a warning: Danger Ahead! In the first quarter, 2019, the U.S. economy grew at an annual rate of 3.4%.

On the next page the byline proclaimed “Bad credit card debt is on the rise”.  Two questions arise: Is a financial crisis eminent? What has caused the apparent paradox of good times and bad times being one and the same?

Individuals and businesses are presuming on the future. Expenditures exceed earnings. An unsustainable crisis will result unless our revenue to expenses ratio is balanced.