Recovery (Yay!)
Security pie was the first to alert you to “The unprecedented use of the term unprecedented in the current crisis is terrifying” back in September 08. Hopefully you used that warning wisely and moved all your money and houses to a safe place like Iceland.
Well, here we are again with another scoop.
“We have hit the bottom” “prices are stabilizing” “leading indicators show us that a recovery is imminent” are all positive leading signs that we had enough with the emotional rollercoaster that are sideffects when we invest our collective psyche in hysteria, and would now like to displace that hysteria with a well earned sense of complacency.
But English is beautiful just like American customers remind me of non-confrontational adolescents: the word imminent is boundless. It can be now, and it can be a year from now (i.e. nascent).
I for one, will start a political movement called “Recovery Now”. That is if I were a non-confronational adolescent.
/al