In contrary to what is happening in Iceland, this is what is happening in the US.
The New Yorker/The Talk of the Town/Comment
Clouding the Air
Issue of 2003-09-29
On a slightly different note, try this FreshAir interview with Economist Paul Krugman.
Am I biased? If half of Krugman’s pessimistic prediction comes true, don’t feel bad about the economy just yet, it is going to get much worse. This gets me thinking of the Reagan years. I remembered the silicon valley as a much much gloomier place in the early 1990’s. And if i’m not mistaken, that was right after Reagan era, correct? If that’s any indication, and if the current Administration win (God help America) election 2004, we are in for some really hard days ahead! :((((((((