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Friday, August 05, 2011
This morning Jack was making up a word puzzle game for his mum, and Grace was throwing tantrums because her teeth were hurting her. Both were oblivious to the turmoil in the global financial markets.
I can’t say I’m surprised at the current turn of world events. They are suggesting it could turn into the Second Global Financial Crises, but I am inclined to believe the first one hadn’t really finished yet.
It is rather disquieting – knowing the ramifications could directly impact your life, and that of Grace and Jack. But there is nothing much I can do about it – aside watch with morbid fascination as events unfold.
The first crisis was meant to be a wakeup call. It was a warning and a punch on the nose that told us the excesses, hot air and gambling in our markets had gone too far. We were meant to learn a lesson – but instead a great deal of public money was spent on try to minimise the pain while maintaining the status quo.
I can’t help but think if we accepted a little more pain the first time around, that we wouldn’t be here facing a possibly even worse second crisis. Oh well, this might be an interesting ride that pushes us out of our comfort zone for a while.
Posted by Doug at 11:13 AMThursday, August 11, 2011
Had gastro for the last four days. There has got to be easier ways to lose some weight. Most of life on hold or curtailed, with a couple days of work missed. Family keeping their distance - either from concern for catching the same bug, or sick of listening to all the complaining.
Posted by Doug at 11:06 AM