written Wednesday afternoon, November 26, 2008
I've been spending some time every day reading and trying to understand this economic crisis we're all in. More and more people, including the new President Elect, are saying this is an immense problem of historic, almost biblical, proportions. While there's a tendency, a human need, to believe the future will be like the past -- reliable, predictable, and, hopefully, better -- it's looking more and more like this will change our way of life for many years into the future.
For your consideration: First, this well written article by Tom Friedman of the New York Times. It's worth the five minutes it'll take to read.
(Link to Friedman column "All Fall Down") Click to read
Next, here's an excerpt from an important article on Bloomberg.com. Written by Mark Pittman and Bob Ivry, it provides some information that few of us know and less understand.
(Link to Bloomberg.com article by Pittman and Ivry) Click to read.
Once all that soaks in you'll be looking for the scotch bottle.