{"id":522,"date":"2008-10-07T09:08:56","date_gmt":"2008-10-07T09:08:56","guid":{"rendered":"http:\/\/astraea.net\/blog\/?p=522"},"modified":"2008-10-07T09:08:56","modified_gmt":"2008-10-07T09:08:56","slug":"a-review-of-the-crash-as-the-developed-world-enters-recession","status":"publish","type":"post","link":"https:\/\/www.astraea.net\/blog\/a-review-of-the-crash-as-the-developed-world-enters-recession\/","title":{"rendered":"A review of the crash, as the developed world enters recession &#8230;"},"content":{"rendered":"<p>It is becoming clear to most people that the gluttony that we have enjoyed over the past decade is now leading to a depressing hangover.\u00a0 The following links offer a simple record of the crash.<\/p>\n<p><a href=\"http:\/\/news.bbc.co.uk\/2\/hi\/business\/7644238.stm\"> \t\t\t\t\tFinance crisis: in graphics<\/a><\/p>\n<p><a href=\"http:\/\/news.bbc.co.uk\/2\/hi\/uk_news\/magazine\/7642138.stm\"> \t\t\t\t\tThe layman&#8217;s finance crisis glossary<\/a><\/p>\n<p><a href=\"http:\/\/news.bbc.co.uk\/2\/hi\/business\/7521250.stm\"> \t\t\t\t\tTimeline: Global credit crunch<\/a><\/p>\n<p>We will discuss the outlook in upcoming posts.\u00a0 The short version is that business will be hard. jobs will be lost, people will have to cut back to more sustainable levels of consumption.\u00a0 The length of the downturn will depend on how quickly compromises can be reached between lenders and borrowers.\u00a0 The single biggest indicator of recovery will be changing behaviour of everybody &#8211; a cultural enlightenment to more integral values.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It is becoming clear to most people that the gluttony that we have enjoyed over the past decade is now leading to a depressing hangover.\u00a0 The following links offer a simple record of the crash. Finance crisis: in graphics The layman&#8217;s finance crisis glossary Timeline: Global credit crunch We will discuss the outlook in upcoming &hellip;<br \/><a href=\"https:\/\/www.astraea.net\/blog\/a-review-of-the-crash-as-the-developed-world-enters-recession\/\" class=\"more-link pen_button pen_element_default pen_icon_arrow_double\">Continue reading <span class=\"screen-reader-text\">A review of the crash, as the developed world enters recession &#8230;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[5],"tags":[],"class_list":["post-522","post","type-post","status-publish","format-standard","hentry","category-worldofmoney"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p4hwcd-8q","jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/posts\/522","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/comments?post=522"}],"version-history":[{"count":0,"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/posts\/522\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/media?parent=522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/categories?post=522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/tags?post=522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}