19 March 2009

Scenes From The "recession"

This is pretty powerful:

File under: ‘val.picture=1k*word’

It maybe only that for the fist time I’m old and involved enough to be aware of these things, but this is the first time in my life that I’ve ever sensed any meaning to such words as depression, recession, downturn, etc. And honestly it’s a strange experience. I think the biggest thing that has caught my attention is an awareness of the world-spanning nature of this economy. I’ve certainly read of things going sideways in localities before, but nothing like this.

I also know I’ve heard MANY people say things like : “if folks would just stop being so scared and spend some money this recession would be over”
And while I admit a certain logic to that train of thought, in the end I think it’s a misdiagnosis. While fear is certainly operational, that’s not really what I hear in people’s voices these days. Three months ago, sure – but today it sounds less like fear and more like a hangover. Where a lot of people are waking up to an awareness that they drunk way too deeply from the credit bottle and this pain, in the final analysis, is at least half self-inflicted. I know that’s a big part of my thinking and that’s led to a kind of sobering up that was really uncomfortable at first but feels increasingly good in the pain=gain sort of way.

I mostly just wanted to comment that I feel as if the whole world feels like it’s shifted in the last six months and in the end, my sense is that it will be for the better...or for the antichrist...which is maybe the same thing. :)

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