Thursday, November 27, 2008

Just how screwed are we?

It’s a question I’ve been thinking about a lot… and an oddly appropriate question on the day we give thanks. Will we have as much to be thankful for next year? The year after? Five years from now?

Imagine it is 1929 and your family is sitting down to Thanksgiving dinner. It is very unlikely you have money in the stock market. You’ve read the news, heard it’s bad but really, you’ve been unaffected. You have no clue what is coming for the next decade.

Is 2008 the new 1929?

I have no idea, but over the course of the next couple of weeks I’m going to post my thoughts on the crisis.

And, by the way, Happy Thanksgiving!

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