Tuesday, March 10, 2009

Its deja vu all over again.

If you had told people one year ago that at this time in the future the stock market would have lost half of its value, all the major investment banks would be bankrupt and that General Motors would soon be history, they would have said you were crazy.

And here we are.

If we have learned anything, its the more things change, the more they stay the same. The country and the world have some pretty epic challenges to grapple with but if we take a look back, recent history has been pretty dramatic too. Start with colonialism, epidemics, two world wars, the civil rights movement, nuclear proliferation, the gas crisis, 9/11, Iraq Wars I & II and eight years of the Bush administration.

Granted, we are still working on solutions for the last two. What we find is that people in general and Americans in particular are really good at solving problems in times of crisis. It's something to think about when the media is peddling fear and trying to drown you in a sea of bad news. We can get through this by being part of the solution and deciding on... optimism. It really is as easy as that.

Remember my post from February 9th about the single family home in the Sunnyside neighborhood that received 12 offers when it went on the market for $665,000 ? That property closed last week for $705,000.

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