I’m here in Bangkok, and outside my window a bunch of construction guys are hammering away at yet another skyscraper’s foundation. And around the world, stocks are getting hammered with equal fury.
I can’t say I’m all that worried.
From my vantage point, crises come and go. The banging and clanging seems huge when you’re right in the middle of it. Then some time passes, and it’s on to the next phase of construction, one that ultimately leads to yet another more impressive rise.
When will the financial crisis end? Nobody knows.
But looking out of my window and watching new buildings go up all around Bangkok, some built on the same sites that were abandoned during the Asian financial crisis, is that all the hammering happening today will result in new growth and prosperity down the line.
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