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myelectricsheep
This makes me think of how crazy the years 2000 -2006 were, in sum. The fizzling of the dot-com boom, a weird presidential election, the events of September 11, 2001 and their unforeseen immediate repercussions, a weird presidential re-election, and, as this chart demonstrates, fishy things happening in the housing market in the background, the whole time. A general decline in quality of life in the U.S., beneath a facade of good times and unprecedented levels of wealth.
Things seem to be toning down, though. I dunno, just my gut speaking. I am not no necromancer. People have been freaking out about a "recession". I guess it's nice that the Fed has lowered the interest rate by a chunk, and that large numbers of people will receive huge tax rebates this year... which will mostly be blown... but these just seem like desperate measures.
A more recent display of bad judgment and greed: http://www.nytimes.com/aponline/business/AP-France-Societe-Generale-Fraud.html
myelectricsheep
This makes me think of how crazy the years 2000 -2006 were, in sum. The fizzling of the dot-com boom, a weird presidential election, the events of September 11, 2001 and their unforeseen immediate repercussions, a weird presidential re-election, and, as this chart demonstrates, fishy things happening in the housing market in the background, the whole time. A general decline in quality of life in the U.S., beneath a facade of good times and unprecedented levels of wealth.
Things seem to be toning down, though. I dunno, just my gut speaking. I am not no necromancer. People have been freaking out about a "recession". I guess it's nice that the Fed has lowered the interest rate by a chunk, and that large numbers of people will receive huge tax rebates this year... which will mostly be blown... but these just seem like desperate measures.
A more recent display of bad judgment and greed: http://www.nytimes.com/aponline/business/AP-France-Societe-Generale-Fraud.html