It occurs to me that this "Great Recession" (and to paraphrase Axl Rose, what's so great about recessions anyway?) might wind up serving as a fascinating experiment: a no-holds-barred stress test of the economies of countries around the world, and of the global economy itself.
Last week I read Daniel Suarez's Daemon, a techno-thriller in which an artificial intelligence threatens to take over the world. (Ha!) In the book, companies and governments are motivated to comply with the AI's demands by the threat of an unthinkable economic apocalypse. Well, since Mr. Suarez wrote Daemon, that apocalypse has become not only thinkable but, according to the news, actual. And although we may not have seen the worst yet, life goes on.
When we come out of this thing on the other side, will we as a country and a world be forever weakened? I doubt it. We may come out not only stronger but also, having passed a serious stress test, more aware of our strength than ever before.
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