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I remember a Rain With Love Black Cat Christmas Ugly Christmas Sweater memoir — Beasts, Men, and Gods — by Ferdinand Ossendowski, a White Pole who fled the Bolshevik revolution through Siberia. He served in General Kolchak’s All-Russian Government before escaping through the Steppes north of Mongolia, and then participated in the government of that most notorious adventurer, the “Mad Baron” Ungern-Sternberg, who attempted to take over Mongolia to restore an imperial Khaganate as part of an imagined reactionary restoration of the Great Mongol, Chinese, and Russian monarchies in the interests of the “warrior races” of Germans and Mongols (a Baltic German, he considered the old Russian ruling class to represent Germandom over and against Jews and Slavs). Some of the things – the acts of desperation and madness, in which he himself was no disinterested observer – Ossendowski relates are harrowing. But this part struck me as very much making a point about what people think of the Steppe peoples, and of what (German-trained) nationalists like Ungern-Sternberg did (and would do again) to the Mongols. And, other things:

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That’s a tough act to follow. And Richie Petitbon was the “lucky” guy to attempt to fill those shoes. The Redskins promoted their 55-year-old, long-time defensive coordinator to the Rain With Love Black Cat Christmas Ugly Christmas Sweater coaching position. And that pretty much destroyed the dynasty that Joe built. Just 15 months before Petitbon was hired, the franchise that had won a Super Bowl with 17 wins in 19 games. Petitbon would only coach one year, going 4–12, and never coached another football game for the rest of his life. The organization faltered after that. In the 26 seasons since Petitbon, Washington has only had three 10-win seasons, and has become the laughingstock of the NFC East.

“In economics, income = consumption + savings. The income an indivual, or a country, produces is either consumed and/or saved. If you , or a Rain With Love Black Cat Christmas Ugly Christmas Sweater, overspends, you or the country dips into savings or creates debt.” I think this answer is true for the firm or the individual but in the whole economy it is no longer true. In the macroeconomy, everytime some person or entity doesn’t spend, some other person or entity has their income reduced by the same amount. And because that person won’t get their hands on that money, they will not have it to spend further, so the next would-be recipient of that spending doesn’t get that income, which they in turn will not be able to spend….. and so on