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February 25, 2009
It was beautiful one day. Utopia beckoned. Then it was devastating the next as the global economy nosedived, due to the crash in financial markets. We are in the process of waking up from capitalism's dream. The boom is over. You can tell from the way many of the development sites in Adelaide have ground to to a halt and become fenced holes in the ground. Soon the boarded up shops will appear.
Memories return. We have been here before--in the 1980s. Difficult times. A moment of danger
The financial press says that the Chinese are starting to buy up Australia's resource companies and assets. Will they buy up the car companies as well? Business is saying no to climate change and emissions trading schemes.
Photographers in the cultural industry will do it tough as the advertising dollar disappears. Art photographers are going to have to think in terms of dialectical images to awaken us from our slumber. Maybe.
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