Doom! is so negative that there is no other place for this than ugly. Yesterday someone compared are current predicament to the 1890's, today our author is comparing it to the early 1930's. the scary thing is both could be right. The sad thing is this one feels more right, in that the problem is global, not local. It also makes sense that when the economy is bad all over that austerity, while right when yours is the only economy suffering, is wrong when lots of economies are suffering. that we haven't hit bottom ye t is a very scary thought.