Is the financial crisis of 2008 in our rear view mirror? Statistically, the economy experienced a recovery but it did not feel that way for many. E$caping Oz: Navigating the crisis discusses the fundamental causes of the crisis (not what you hear about in the news) and how the Wizards will not solve our economic problems. We can emerge from our financial problems if we learn to trust ourselves once again.
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After what seemed like a bad dream, the country woke up to
find themselves in the Financial Land of Oz.
The housing market cratered, stocks fell, and once venerable financial
institutions were on life support. The
economy struggled. The Wizards provided
massive fiscal and monetary intervention.
The economy recovered,
but not for everyone. The social fabric
began to tear. The dominant theme of the
next decade will be the intersection of politics and economics. Economies naturally experience cyclic
behavior though our financial system exacerbates the effect. A healthy economy and societal accord go hand
in hand. We need to understand how we
got here and how we will emerge.
The economy and our social fabric can recover, though our
journey will require us to take a road we have traveled before but one we long
ago forgot. Reliance on the Wizards will
only make our country's journey more painful.
Ultimately, we have to trust ourselves.
Once we pull back the curtain, we will realize we can get back home
without the Wizard?s help.
Jan 19, 2015
US Trade Paper
6" x 9"
Black and White
E$caping Oz Trailer
Video of E$caping Oz: Navigating the crisis