Where did the crisis go?

Tel Aviv

YNET
... As opposed to the state of affairs in the United States or in Europe, here it appears that the whole deal ended even before it truly got underway...

The fact that the global crisis did not really acclimatize here is certainly reassuring, yet the relief is tainted by certain bitterness. That’s it? This is what all the panic was about?

Slight sense of disappointment

At this stage, we of course have to praise the Israeli economy which refused – or just didn’t have enough time – to adopt all the bad habits of mother America. However, the local pride, we must admit, comes with a slight sense of disappointment.

After all the local disasters we are accustomed to face here, we longed, for once, to be part of a global catastrophe. We wanted to be part of the enlightened world of an economy in shambles. Now we are starting to realize that yet again we were not quite there. As always, we tried to belong, to be accepted, to push our way in, yet the doors of the exclusive crisis club did not quite open for us.

Just like many other international trends, the crisis also remained for us a rumor from the big world we really tried to adopt, with partial success. In this case too, those of us we wish to feel the spirit of the times or just see what real distress is all about will have to travel to a Third World country, like the United States. Full story

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