another day, yet another grim forecast for the world economy as we move through the financial crisis. With all the emerging bad news, it would be super easy to get depressed about life.
So in case you are feeling down, you should take a leaf from the Austrian's book, and party like there is no tomorrow. Even in the midst of economic doom and gloom, the Viennese Bankers Club circa 1913 threw the 'Bankruptcy Ball' - partying all night, even whilst the Habsburg empire was bleeding red ink and plunging into financial oblivion at lightspeed.
Hopefully this Austrian idea - of partying away the economic blues - will lead to more positive outcomes than the evils that other Austrian economic ideas (eg. those of von Hayek) have led to!!