I just read New York Times columnist, Paul Krugman’s, piece on the actual plight of our economy. It’s worse than I thought. Here’s an excerpt:
How bad is it? Normally sober people are sounding apocalyptic. On Thursday, the bond trader and blogger John Jansen declared that current conditions are “the financial equivalent of the Reign of Terror during the French Revolution,” while Joel Prakken of Macroeconomic Advisers says that the economy seems to be on “the edge of the abyss.”
Here’s the link to Krugman’s article: http://www.nytimes.com/2008/10/03/opinion/03krugman.html?hp
A black hole event horizon is the ultimate “edge of the abyss” in the Cosmos. As a black hole is created it forms a flattened donut ring around its mouth. At the inner edge of that ring is a boundary past which neither matter nor light can escape. Ever.