Those who are supposed to know about these things agree that times are getting tougher. Economies are ultimately shaped by how people feel, and right now the predominant feelings are gloom and foreboding.
For those of us who can remember the 1970s the present worries seem eerily familiar. Soaring fuel prices, terrorism, environmental hysteria, the fear that our society and culture are sliding into a moronic abyss - today’s headlines take me straight back to the happy world of my teens. (more)

