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How will 2008 be remembered?

Here you'll find an opinion piece by Thomas Friedman about the changes that have begun with the economic downturn of 2008. He clearly sees it as a much bigger change than just a predictable economic cycle. He asks in his title if it is the inflection point, and later calls this change The Great Disruption. I have adopted the tag "The Long Emergency" (from Kunstler) for the time period that follows this inflection point. The title of this journal (we live in INTERESTING TIMES) is also a salute to the future that I envision--a future that is drastically different from the one we've been sold, and not an easy adjustment. So for me, it is hopeful that people are beginning to talk frankly about the failure of our current system and the literal DEAD end that we will reach if we continue on the path we've taken for the last 50 years... But I go on. Friedman says it better.

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( 2 comments — Leave a comment )
lucy_chronicles
Apr. 13th, 2009 03:57 am (UTC)
big duh and ditto
go look at what jim rogers says, his former partner george soros who has been saying the last 25 years have been a bubble )now on a book tour( and various contrarian financial blogs, particularly anything by peter schiff.

liveonearth
Apr. 13th, 2009 08:37 pm (UTC)
Re: big duh and ditto
Yep. The number of voices is increasing.... but the paradigm shift by the many is still yet to come. Do you have any particular online favorites by Jim Rogers or Peter Schiff?
( 2 comments — Leave a comment )

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