Calm Down, Everyone

Ok, the economy is struggling. Badly. Big businesses that this time last year were very much success stories and part of the establishment are going under or being bought. People are going to suffer, jobs are going to be lost, and the nice, pleasant economic decade we have just had is over.

But seriously, the way some people are talking about all this you would think that we are living through the end of days. We're not. And for every lefty pseudo-Marxist who is gleefully rubbing their hands and predicting the imminent demise of capitalism - please do shut up. You're not helping.

The economy is readjusting after a decade of excess. Some businesses went too far, and their business plans did not take into account what would happen if the economy faltered. It is a tragedy for everyone who has lost their business or their job, and whilst I think things are going to get worse before they get any better, I also hope that the econonmy picks up again soon. But downturns and recession are as much a part of the economic cycle as booms - whatever lies Gordon Brown might spout.

This is not the end of capitalism, it is not the end of everything. Calm down, everyone, and try hoping for the best. Rather than prophesising the worst.