Saturday, April 11, 2009

Peak Oil Financial Crisis: "The American mood: Is the angst bottoming out?" By Ted Anthony, Associated Press, April 11, 2009

CLIFTON, NEW JERSEY -- "Want some economic angst? That's easy, too. Drive straight up Bloomfield Avenue into Glen Ridge, Montclair and Verona. Gaze at the empty Volvo and Jaguar dealerships and the deserted bank. Contemplate the thinned-out blocks of storefronts, defunct restaurants, abandoned shops and "For Lease" signs in one of the region's more affluent areas.

More doom on the horizon? Or will happy days soon be here again? Take your pick. The confusion is enough to play havoc on a person's mood — or an entire nation's. "Everybody is looking at it through their own personal lens," says Liza Dawson, a self-employed literary agent from Glen Ridge."

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