Which is not to say that I disagree -at least to an extent. Earth provides enough to satisfy every man's need, but not every man's greed. Gandhi
On the other hand, we have a couple of silver linings. One is that quite a lot of the non-financial economy is holding reasonably well in a lot of the world. I don't know about USA all that much (don't feel like going as long as they spread paranoia at the airport), but a lot of activity is pretty much business as usual in Europe.
The other, main one, is that there is a ready plan for the crisis, which has been discussed here repeatedly. And, unlike in the 30s, it's highly unlikely that a lot of the economy will be directed towards a global war. Now, will this plan see the day? I don't know. USA have taught me to be pessimistic. But can I just state that everyone will starve? I don't think so. A sustainable development Marshall plan would do wonders.
It's a major crisis, but I'm still more far concerned by environmental degradation, water depletion and global warming than by the financial system collapse. Earth provides enough to satisfy every man's need, but not every man's greed. Gandhi
