Grants Pass Real Estate Rewrites the Blackboard
It may only be an analogy, but look at it this way; the global financial blackboard has been erased. It was erased in 1929 when the stock market crashed and plunged global marketplaces into a worldwide depression. The Great Depression was long and deep and the legacy of Herbert Hoover’s presidency became one of “too little, too late.”
Then came 1932 with FDR, the New Deal, and the financial blackboard began to chalk up again with a plan for recovery that grew in complexity and power for decades… until now. Beginning in 2005 when the Real Estate bubble began to leak before it burst, the financial landscape began its slow, ugly metamorphosis into an unmanageable beast. As 2008 draws to its conclusion, to our dismay we find ourselves staring at a financial blackboard that has once again been erased. I for one am glad since circumstances are forcing change on us that most didn’t even know we needed. Now we see the task at hand means the creation of a new financial system for the way things operate at the global level, for the way money is exchanged and regulated, for the way we barter amongst ourselves and with our global partners, for the way banks lend money and to whom, and for the way builders build. Continue reading Grants Pass Real Estate Rewrites the Blackboard
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Posted January 20th, 2009 in Grants Pass Real Estate, Green Real Estate, Michael Masters By Keyboard Culture| No Comments »
