Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
I only hope that the realization comes before November.  Most US citizens are still trying to figure out why the death of Lehman matters to them.  I think the media are starting to fear that the collapse will really now matter to them---declining advertising for starters.  Too many are only just beginning to realize what is happening.

It is the old saw:

When your neighbor loses his job, it is a recession.

When you lose yours, it is a depression.

Given the popular ambivalence about the "Bondfire of the Vanities--Master of the Universe" financial types on Wall Street it is easy for most to just think that these guys are getting what they deserve.  It still has to sink in that they themselves may be "getting what they paid for" in terms of the quality of life brought to them by the leaders they have elected.

"It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Tue Sep 16th, 2008 at 10:30:35 AM EST
[ Parent ]

Others have rated this comment as follows:

Migeru 4

Display:

Top Diaries

Occasional Series