There seems to be a lot of confusion about the current global economic disarray. The Chicago School says one thing, the Harvard people another, and the IMF analysts yet something else. Nobody seems to know what is going on, and why.
Not to mention the most important question: whose fault is this?
After months of research, a journey that took me from the textile factories in China, to the vodka distilleries in Slovakia, to the empty mansions in Florida, and the corridors of power in Wall Street, I think I now know the answer.
It’s all my fault.
Turns out that it all started in about 2005 when I purchased a Braun espresso machine and started making my coffee in-house. Or, when I got that as a birthday present.
While the latte economy recovered from the initial hit, the upturn could later be attributed to the fact that my Braun broke down, and I returned to the public latte market for a good three or four months.
When I, in 2006, purchased my cream-colored Kenwood retro machine, the decreased consumption of latte at Mike’s coffeeshop down the road, sent the economy into such a spiral that even a temporary stimulus – when my Kenwood was at the shop for a few weeks – couldn’t straighten it.
Neither could the increased sales of ground espresso beans at our local supermarket.
All in all, according to my analysis, it was my stopping for a cup of latte, 30 Swedish krona each, that started the ripples that turned into a tsunami that finally brought the economy down.
However, I am on the job. Just today, I’ve had three big lattes. We’ll beat this thing.