Cleaning up this mess is a process, not an event, and it will be quite a lengthy process. It took us long to get here, it will take long to get out. There is no quick fix. The process will require a mentality change from all members of the society, which I think has started, induced by the crisis. It's not just the business of the Administration. Both the elite and the middle class will have to adapt to the new reality. For now it is disbelief, a belief that this recession will give rise to a new boom shortly, that this boom is already in progress. This won't happen. The truth is, the system rotted to the core, and the Administration simply can't save it. The process will go on, and things will get worse, perhaps, a whole lot worse, before they get better. |