When will the recovery begin? Never | Salon: "The X marks a brand new track -- a new economy. What will it look like? Nobody knows. All we know is the current economy can't 'recover' because it can't go back to where it was before the crash. So instead of asking when the recovery will start, we should be asking when and how the new economy will begin. More on this to come."
I have some tentative hopes that this economic disaster will have the power to, eventually, bring about some real change in the overall outlook of society. We might just realize that trickle-down economics don't work, that social programs are not of the devil, and that the celebrity worship we've been engaging in, with the accompanying consumerism and overspending to mimic lavish lifestyles beyond our means, was simply foolish.
I am afraid of what this shift will entail, but hope to see the outcome before it's too late to appreciate it.
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