Vision. p2p-design. New-media. Media general financial data publisher. American Research Institute, Inc. Wp032manifesto21C.pdf (application/pdf Object) Change You Can Bank On. The whole drama of human history is enacted in a frame of meaning too large for human comprehension or management Last month the acknowledged rate of unemployment in the US rose to a 25-year high of over 8 per cent as companies, collapsing under the strain of an acute recession, terminated 651,000 employees. Since the recession started the US economy has shed 4.4 million jobs, with more than half of that number lost in the last four months alone. In spite of all the attempts being made to restore liquidity into the system it is evident the economy is still failing.
The US and Europe are still months away from the recession bottoming out. Nobody can be sure what will happen next given the entanglement between the economy, the environment and our addiction to petrochemicals as our main source of energy. In truth all three global systems are in a state of meltdown. Caught up in the web of fear currently gripping the world’s financial systems it is tough to focus clearly on opportunities.