In my opinion, the only way to really move forward is to move THROUGH. I'm pretty sure there was a quote to that effect I saw on the wall in some middle-school classroom-- I vaguely remember referencing it here in fact... but sure enough-- it has stood the test of (some) time and some experience-- and in a variety of different arenas of my life.
You might not have pegged me or this blog as a likely participant in the conversation on the financial crisis and economics-- but since I am a firm believer in understanding a thing BY discussing it... and I want to explore any element of my or others' lives that may be of interest to me, and hopefully others'-- I think the topic itself is ripe for the blog-block.
Mostly though.. I want to say--
READ this article by Michael Lewis from Portfolio called
I was turned on to it by David Brook's editorial "The Sidney Awards" in yesterday's NYTime-- an editorial which in and of itself-- on the constant and increasingly shorter-forminification of all things-- is FABULOUS and I also strongly recommend.
Lewis' editorial is great and one of the most concise forays into the current economic crisis I have read. It is also makes a fascinating point on the almost inevitability of America's current financial situation and the correlation between the questionable but status-quo morality practiced in the name of 'Capitalism' in America, as well as our obsession with re-invention, change, all things "new," and youth. I first remember being concerned during one of George W. Bush's State of the Union speeches fairly early on-- he talked about how there were more people buying houses than ever. That struck me as strange-- who were these people, and how on Earth could they afford it? Everyone I knew had less money than ever before and couldn't even afford their rent-- and these were all college-educated working professionals! Also, the proliferation of the freeway exit ramp posters encouraging everyone and their sister to "Buy a House! No money down!!" seemed oddly makeshift and casual for so serious an undertaking as buying a house has always seemed to be to me...