The behavior of Washington regarding both the fiscal deficit and Social Security resembles a man who jumped off a 20-story building saying 'so far so good' as he passed the 10th floor — postponing acknowledgment of an inevitable crash.

normativepending

Speaker

Howard Marks

Evidence Quote

the guy who jumped off the 20story building. As he passed the 10th floor, he said, So far so good.

Source

More on Repealing the Laws of EconomicsOaktree Capital
Created: 6/18/2026, 2:18:14 PM

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