{"id":136020,"date":"2010-01-04T10:03:27","date_gmt":"2010-01-04T15:03:27","guid":{"rendered":"http:\/\/www.businessinsider.com\/the-last-decade-was-great-its-the-next-decade-that-will-be-hell-2010-1"},"modified":"2010-01-04T10:03:27","modified_gmt":"2010-01-04T15:03:27","slug":"the-last-decade-was-great-its-the-next-decade-that-will-be-hell","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/136020","title":{"rendered":"The Last Decade Was Great, It’s The Next Decade That Will Be Hell"},"content":{"rendered":"

In its recent look back on the first 10 years of the century, Time Magazine \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tproclaimed the period to be “the decade from hell”. The editors made their case \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tbased on what they saw as the signature events of the past 10 years, notably \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tthe ravages of terrorism, failed wars, and a global financial crisis. Taken \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\ttogether, these factors produced an era that Time is convinced will be \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tremembered as one of the low points in our history. \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n

As the media hate to dwell on the negative, the commentary was rife with notes \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tof optimism about pending recovery. It could hardly be accidental that in the \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tvery next issue, Fed Reserve chairman Ben Bernanke was named “Man of the Year” \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tfor his supposedly Herculean efforts to keep the economy afloat as we departed \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tthe Naughty Aughties. Although Time takes pains to point out that the “Person \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tof the Year” honor reflects impact rather than \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tadulation, its profile of the chairman was triumphant.<\/p>\n

Read the whole story at Asia TImes >><\/strong><\/a><\/h3>\n

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