The view from 30,000 feet

To seize any economic or financial situation properly in a global context, it becomes essential to take the high altitude view, that is, not be blinded by the immediate nooks and crannies, the very short term and all the current irritations. That is, looking both ahead, around and in a longer time-span to obtain a truer perspective. The immediacy of television, radio and newspapers news doesn’t allow much for reflection and long-term outlook. More often than not it brings us back into the “here and now,” the lowest possible view and yet, nothing smart can be envisioned without seeing from above and envisioning a longer term horizon. For the more than thirty years I’ve now lived in America, we’ve seen a significant number of downturns with their depressing meanings being distilled non-stop on the airwaves and in print, yet we've survived them all. I know, America is particularly resilient and fiercely optimistic when it must get back up on its feet and with tomorrow’s leadership getting organized by Obama, we ought to be much attuned to the future and its promises rather than staying stuck in the negative rut of the present malaise…