Tuesday, 4 October 2016

I have been interested in and entertained by the American Presidential elections for some time but I must admit I have reached a kind of nadir of despair. I had hoped by this time that one of the contenders would have talked honestly about the impact of the last 'recession' as it wasn't called at the time in 2008 and had mentioned that these corrections always take about 20-25 years to recover from and in the meantime things won't be so good. That to me, would have been a bright point of honesty and most folk could understand it.

I have been interested in and entertained by the American Presidential elections for some time but I must admit I have reached a kind of nadir of despair. 
I had hoped by this time that one of the contenders would have talked honestly about the impact of the last 'recession' (as it wasn't called at the time) in 2008 and had mentioned that these corrections always take about 20-25 years to recover from and in the meantime things won't be so good, can't be good, and may well get worse, as they always do with the big economic 'corrections', throughout real history in the US and world wide.
That to me, would have been a bright point of honesty and most folk could understand it...and work towards a good long term goal nationally, socially and calmly.
It is still as if the Americans, and others including the UK and Australia, can only believe in something if it means everything will be alright within two weeks.
I think if we look back at this time from the future we will see many things arising from the recession (i.e. global financial crisis) including the Arab Spring, the Rise of China (who were smart enough to bypass it), Brexit, and the next American President.

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