Econophile could only come up with the top 8 most important events for 2007. If I tried for 10 I would be trying to make something that’s not important, important. These events and ideas that will, in my opinion, have the most impact on your 2009.

1. Barack Obama, an African-American man, is elected president of the most powerful nation in the world.

   Phenomenon. I can’t think of a better word to describe it. This charismatic man seemed to sweep across the country with calm dignity and uplifting speeches and gave people hope about the future in an uncertain world. In with the new new and out with the old. Let me set the stage: I don’t think I agree with his policies. I say this because we don’t know what his policies will really be until he assumes the office. I don’t see from his position papers or through the selection of his advisors that he’s bringing anything particularly new to the debate.

   The significance of his election to me is that he is black. That alone is a transcending, uplifting event. In light of the record of the United States of America on slavery and race, we’ve all come a long way. Obama is irrefutable evidence of that. His election could mark a new era of good race relations in America. That is change.

2. The Crash of ’08 nearly takes down the world. … Continue reading Econophile’s Top 10 for 2008