We all knew it was coming. This ‘downturn’.
The government, the opposition, the pundits…even the Tweeters said it. Repeatedly.
We braced ourselves as though for a Tsunami.
We cringed at the figures as they were bandied about:
Half a million jobs lost, three trillion dollars of debt, 20% capital loses.
Our vocabularies grew: Asset Backed Commercial Paper, Foreclosure, Debt,
Underwater Mortgages, Ponzi [...]