My Favorite Things About the Recession
For the time being, I take comfort that the destruction of the financial system as we know it might be a character-building experience. If it’s anything like Studs Terkel’s description of the Depression, this crisis will bring everybody together to learn to appreciate and value all that they have. Just as a high tide raises all ships, a low drought will probably sink most yachts and maybe teach those fat cats on Wall Street a thing or two about the indomitability of the human spirit.
Crass consumerism will be a thing of the past and generally unaffordable. A corrupt financial system will be destroyed, and we will return to a post-industrial agrarian society that sits around the fireplace singing “Kumbaya” whether we like it or not. It will be a humbling experience that keeps me comforted when I might have to work three separate minimum-wage jobs to account for the triple-digit Zimbabwean inflation that could be right around the corner.
—Llewellyn Hinkes
i agree. i think that there needs to be a leveling off and a return to what’s real in the world.
as always, an excellent post.