We have been talking a lot about the economy lately, and I think we all understand how important this really is. It is daunting when you realize that this is something that our children might be reading about in their American Studies history books. But while we are in the moment, it is really hard to get the bigger picture. My dad and I where talking about the economy and he flat out told me that this could be one of the worst times in world history. He even went as far as to say that it has the potential to be the downfall of capitalism.
I certainly hope not, and neither does he, as his career depends upon it. But it really made me realize how big this really will be. It started as just a mortgage crisis, and has turned into a world economic crisis. When we do read about downfalls of things in textbooks, for example the downfall of dynasties or the downfall of communism, it usually starts with something similar to what we have going on. Some part of their government becomes corrupt or something backfires, like our economy just did.
Something else daunting is the realization that, being a surprisingly young country, how are we sure our system actually works as well as we think it does. This about how many dynasties the Chinese went through, and the constant switch from things like imperialism, to Confucianism to Taoism. Can we be totally sure that we have it right? How much will this change the path of our country? Can we tough it out?
To end on a happier note, we have to remember what doesn't kill us makes us stronger. And we aren't dead, so we must be getting stronger.
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