Sounds kinda like a movie title, doesn’t it? Maybe a war movie?
Or maybe…like that slow, kind of melancholy song by the Beatles, “The Long and Winding Road.”
Well, it has been kind of like a war out there. And it has been kind of sad. A lot of chaos, and loss, and anguish and despair. And, it probably isn’t over yet.
It’s going to be a long, slow recovery according to a Friday, May 7th article from the front page of the Money section of USA Today - “U.S. may face years of sluggish growth.”
From the standpoint of the glut of greed that has infected our society for so long, we’re in no small pickle of a fix. Anybody who thinks we can turn this thing around with a little puff here, a little slight of hand there has got to be smokin’ their socks - or something.
Here’s what consumers are thinking and doing. See “How the crisis is changing you” in a May 11th CNN Money article. They get it! Printing more money is a pipe dream of gigantic proportions.
Believe it or not, there is a silver lining…
Now is the time for credit unions. This is where we can shine. We’re good at promoting thrift and fiscal responsibility. Are you promoting these values to your members and potential members?


1 comment so far
1 Jeffry Pilcher // May 20, 2009 at 10:24 am
“Silver lining” is a term that’s still on the rise:
http://www.google.com/trends?q=silver+lining&ctab=0&geo=all&date=all&sort=0
Until that trend reverses, I’ll continue to assume we’re in a (prolonged) recession. People don’t look for silver linings when things are rosy.
Leave a Comment