> >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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