there are times when things happen very quickly (like back in 2008), but even
that crisis played out over a number of months. Sadly, most Americans are not
used to thinking in terms of months or years.-
But the financial crisis of 2008 did not completely destroy us.
Neither will the next crisis.
I think it is helpful to think of what is happening to us as a series of waves.
When you build a beautiful sand castle on the beach, the first wave that comes in does not totally destroy it.
Rather, the first wave weakens the castle and it is destroyed by subsequent waves.
Well, that is what is happening to us.
The financial crisis of 2008 was a wave.
The epicenter of the next great financial crisis will be in Europeand that will be another wave.
For many, the next financial crisis will feel like "the end of the world" but it won't be.
There will be waves after that one that will be even worse.
The choice is up to you.