"Govopoly in the 39th Day"

Seykota wrote in his seminal book "Govopoly in the 39th Day" that when the costs and consequences of regulation outweighs productivity, that is the beginning of the end for that society. He said we have never been closer to that tipping point. He calls it the 39th day because in a pond ecosystem, duckweed doubles each day. He equates duckweed with government regulations. By the time you reach day 30, the amount of duckweed has become clearly noticeable and rules the pond. By the 39th day, the amount of duckweed suffocates any remaining life in the pond. We are at day 38, or the 11th hour. The average length of the long term debt cycle is 75 years so the current situation of fiat debasement can continue for yet a few more years before the sovereign debt bubble blows apart.