Wednesday, 1 September 2010
REACHING THE SHORE
This picture looks a bit over the top, I know. But I can’t help it, this is how Hammarby Sound is performing for us on this first morning of September at 6.30. It is late in the season and the sun is shining at a low angle long into the morning; warming the first ferry boat, crossing the sound, with its indirect light; and blazing its rays at the boats anchored on the quay opposite to mine.
Looking at the ferry, steadily treading its course, gets me to thinking about the economic situation in the Western world. There are some similarities here: our economy is like a boat striving to reach the shore of renewed vigour and appears to be puffing forward at the moment, after a period’s hiatus. But can we be sure that it will reach this shore, when looking at it from afar, like the ferry boat in Hammarby Sound? I fear not! In fact, the ship is full of holes in its bottom and being kept afloat only through a steady pumping of new moneys into the system. The holes are getting bigger and the pumping getting slower. Soon we will see whether the ship will get stuck in the marches, or will succeed in making a good landing after all. Let’s keep our fingers crossed. Our pension benefits are depending on a good finish!