390/4.87%
Carl Remick
carlremick at hotmail.com
Sat Jul 20 16:31:27 PDT 2002
>From: Doug Henwood <dhenwood at panix.com>
>
>It's interesting. Previous downdrafts have typically been greeted in left
>circles as the onset of the Big One. This time, the mood seems less
>excited. Maybe this is a new kind of contrary indicator - the relative
>absence of catastophist discourse where it had previously been endemic
>might be symptomatic of a mass psychology that underestimates the
>seriousness of the present situation.
It seems no one is running true to form in this peculiar crisis. The NY
Times usually oozes reassurance at a time like this, but the tone of
business-related coverage and commentary on their web site right now is
grimmer than death. Very strange.
Carl
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