Dive into the archives.


  • Making Sense of This Non-Depression

    Woke up this morning to the radio announcer’s chirp confirming that the Recession was over and that most economists agreed. OK, it won’t be reflected in employment statistics, and there will be a lot of people out of work, but things are good. We’ll see by the Third Quarter.
    The S&P is over 900, the Dow [...]

  • Stunned By the Dow

    Watching the market drop precipitously, again, I wonder at my friends’ silence. Exhaustion? Too much time since the last drop, too much hope spent (“my broker is a genius….see here, we’re up again!”) one time too many. Stunned? Incapable of considering the implications: too too too too to wrap the mind around. As I write, [...]

  • “Recession Psychosis”

    My psychotherapist colleagues knew it was coming, but Saturday’s Times confirmed it: the severe symptoms of anxiety, despair, and even sucidality they’re calling “recession psychosis”— not a formal DSM diagnosis— but descriptive enough.
    Studies of unemployment reflect that downsizing is the only traumatizing life event which prevents sufferers from returning to their pre-morbid ‘setpoint” of emotional [...]

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