Take a deep breathe. This won't hurt a bit.....
March 7, 2003 7:34 AM Subscribe
DIVE! DIVE! DIVE! - Markets in free fall. Remember the heady DotCom bubble days, and innocuous scandals - Clinton & Monica,the cigar?! Then, WHAM: 9-11, Enron, Worldcom et. al, the push for invasion of Iraq, ballooning deficits, while a new US neocolonial American ideology of preemption suggests more invasions to come - with a worldwide surge in anti-American attitudes. "Irrational Exuberance" turned to terror, fear, worry, anger, rage. What possible train of events and U.S. government policies could more efficiently send world economic markets into free fall? Hold on: it was a two decade long ride up - the ride down has merely begun. Those among us with a few spare billion lying around will wait until the bottom, and buy on the cheap. For everyone else, it's bankruptcy, frugality, middle class decline, cans 'o beans and darned socks. But cheer up: play, joy, creativity, generosity, indeed love itself - and also the classic "recreation of the poor" are all free.
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