Maybe the carnage at Citi will finally put a damper on any speculation that the US economy will avoid recession. But wait! The Fed is going to lower interest rates! That should save us again. Just like the Maginot line saved the French in World War II.

The real solution to the economy– as everyone knows — is basing it more soundly on a continuous loop of upgrades to our electronic devices. Maybe the Fed should annually mandate new software for every computer, phone, television and GPS system.