Living in Historic Times

I'm a little excited about the financial collapseThe card pictured here was sent into PostSecret, an online gallery of postcard-sized images posted anonymously to unveil a secret, and I am humored by the sentiment as I had been thinking the same thing.

Yes, we’ve heard (and some have experienced) the awful stories of lost jobs, defaulted loans, foreclosed houses, and people struggling to make ends meet. There are whispers comparing the current state of the economy to the Great Depression and the recession of the 1970s.

But if there’s even a hint of a silver lining to this whole mess, it’s that we are living in historic times. We’ll be able to tell our children of the dark times that were the late-00s. And its how we weather this difficult period that will be written into the history books of the future.

  • http://www.squidoo.com/Braun-KF590-Impressions Akmed

    Thanks for this. http://julieminevich.com/ is now in my feed reader, I’ll keep and eye out for your next story. I like the layout of your site, nice and clean and easy to read. Thakns.

  • Rick

    Interesting. Yes indeed this could be historic. But the other silver lining is while many large inefficient chain retail outlets, and a lot of restaurants are going under, I have noticed that a lot of new companies are forming. I think that this could lead to a decentralization of our capital.

    I joined a business in July. I am not currently a partial owner, and I have to say it is going pretty well so far. Maybe it will help me weather the economy as it is… but more importantly… if many of these ventures can succeed, we have the ability to pull off the return of the economy of the nimbler smaller shop.

    This could rebuild the middle class, along with the new economic priority of DC (a clear left/centrist coalition about to take the reigns of government), this could be exactly what is need to create liquidity in the hands of the consuming public and not the monied gentry.

  • http://www.onegeminisjourney.blogspot.com Gemini

    I guess that is a good thing. Way to look on the bright side 😉