Wednesday, 17 August 2016

What really started the....


Image result for Scottish Lochs and Glens

....great recession of 2008-2009? When the historians write it all up, they will have to mention those sub-prime loans that got so many people so worried. Future generations, reading about that, may ask, 'So did all the sub-prime creditors default?' And their teachers will say, 'No, but folk suddenly started to fear that they might do and that's when the trouble began.' 


It's amazing how a passing moment of concern can trigger an avalanche of anxiety. We should never let a small problem spiral out of control.




Adopt the pace of nature.  Her secret is patience.  (Ralph Waldo Emerson)

No comments:

Post a Comment