“not a crash”

I heard some guy on CNBC this morning say, “it’s not a crash.”

then what the heck do you call this:

[S&P 500, 5 year chart] — that line on the far right side of the chart goes all the way down to 909, from a chart high of 1691.  that’s got to be a crash.

I couldn’t bear the thought of NPR news on the drive in to work this morning, so I turned on the classical music station, figuring I could let me mind wander.  the piece of work that greeted me was some kind of spiral into armegeddon…  and at it’s conclusion the DJ (are they DJs on classical stations?) said that this work was Tchaikovsky’s Symphony_No._4, which was completed in the aftermath of a friends catastrophic marriage and claimed she would find in it “an echo of your most intimate thoughts and emotions.”  Nice.

From A Composer’s Confession:

“If you can’t find joy within yourself, then look around, go to the people. See how they can give themselves up to pleasure! A peasant festival is depicted. But no sooner do you forget yourself in others’ joy than the unrelenting Fate again reminds its presence. Again the heavy theme from the first movement appears. But the others don’t care. They are not looking at you at all, they are still happy. Rejoice for the happiness of others, and so you can still bare to live.”

Good Times(R).

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Filed under desperate, I believe that trade deficits are our future

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