Take your bite of the web
The 1920s, for the most part, was a period of economic prosperity referred to as ‘The Roaring Twenties’. Wedged between two world wars it was a time of peace. Women wore shorter skirts and more revealing clothes and consumerism was rife with the popularity of the automobile, the radio and going to the movies.
The above statement refers to a broad change in behavior that has begun to kick in with increasing force since the stock market top in 2007, and also from the previous top in 1999.
The implications of this are overwhelming! Just look at the events of the last two years.
Economists, businesses, the media and just about everybody appear surprised and shocked by the evolving change in society’s character. “CHANGE” – that’s been the big buzz word of 2009, but all this change need not be such a shock with a little perspective…
It is no coincidence that when the economy suffers people’s behavior, overall mood and outlook changes, sometimes very drastically.
