Monday, October 6, 2008

Domino Effect

I found this article on the New York Times homepage that discussed the reverberations of America's economic crisis on the world around us. Almost every country, in areas ranging from Asia to South America to Europe, has suffered severe falls in stock indexes. It was just last week in class when we learned how the Great Depression, while it hit the United States very hard, was devastating across the globe. As i read it, it almost felt as if I could have been reading an article from back in the thirties. To be honest it was kind of creepy.
This whole ordeal reminds me yet again our overarching quote by Faulkner, "The past isn't dead, it's not even past yet." History seems to be repeating itself yet again; and while our current situation is nowhere near as widespread or harrowing, the similarities between the two situations are undeniable.

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