The Good, The Bad, and The Ugly

The Good:  The appearance of bipartisanship.  If it doesn’t happen; however, watch out for the wrath of the American public.  It will make The Wrath of Khan look like a cake walk…

The Bad – Actually, Tragic: As we all know, Nodar Kumaritashvili from the Republic of Georgia was tragically killed when his sled went out of control at 90 mph in a practice run for the luge.  It was a sad beginning to the quadrennial Olympics for all of us…

The Ugly:  With all the discussion on the job development front, it’s easy to lose track of how bad the global credit crisis has been outside of the US. Although our economic problems are very difficult, many across the world are in a much more dire situation.  Last week, Greece rattled world markets with a potential default on its massive debt.  With Germany set to lead a bailout of the Greek economy, other nations (Italy, Portugal, Ireland, and Spain) appear to be lining up with equally staggering deficits.  And then, there was the report last week on the looming crisis in the US commercial real estate market where – on average – property prices are 40% under mortgaged evaluations!!  It seems like every week another shoe drops on the economic front…

Kevin Fickenscher, MD

The views and opinions expressed herein are my own and do not necessarily represent the views and opinions of Dell Services or its affiliates.