Friday, July 17, 2009

The Global Financial Crisis: Is It All Over Now?

A year ago apocalyptic proclamations about the end of the world as we know it were the norm: our bank accounts were going to vaporize and we were all on the cusp of having to forage for our next meal...

Boy, what a difference a year makes!

Today, it's as if the so-called 'global financial crisis' never happened. Goldman Sachs is back to printing their own money, the stock market is back to going up seemingly every day, Hummers are again flying off the car lots...ok I made that last one up, but you get the picture--

That wasn't so bad, though, was it? I mean the 'global financial Armageddon' was merely a blip--a pimple on an elephant's ass, right?

Or are we in the calm before the storm. The eye of the hurricane....

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