The Not-pocalypse
The financial industry’s struggles are far from the end of times
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NEWS OF THE country’s crumbling economy is nothing unexpected at this point. Few even blink at word that the Dow has bottomed out at zero, or that fallen autumn leaves are actually worth more than the dollar now. Instead, many have moved on to making practical, fully reasonable plans for survival, like hunkering down in fallout shelters or starting Mad Max-style motorcycle gangs. Before getting carried away hoarding food, bullets and Parker Brothers products (the only thing worse than an apocalypse is a boring apocalypse), some distributors will be pleased to know there is still economic life in the pre-apocalyptic world. Specifically, many financial institutions are not as doomed as they seem.
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Michael Cornnell
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