Not Since 1945

This is, perhaps ominously, the 1,221st post at Eyewear - perhaps apt for a 21st century blog reporting on the worst economic crisis of the postmodern period. Indeed, there's an argument to be made that, since Britain is now about to enter a period of economic slump not seen since the austerity years of 1945 (according to the IMF), this first decade of the new century ends, ushering in a new era - one curiously mixed in outlook: exciting because Americans seem about to renew themselves, but dire as the world grinds to a halt. Will 2010-2019 be the decade of Green fightback, as we address the climate and remake the market economy in the new image of Obama? Or is this a new Great Depression, Mark II?