A new age of purgatory

According to Alex at Worldchanging

Optimism, especially optimism which is neither foolish nor silent, can be revolutionary.

I'm certain of this but just now nothing beats private equity investor David Rubenstein, CEO of the €1.1bn Carlyle Group, and his recent comment on the financial markets.

According to the London Financial Times,

Mr Rubenstein said that if 2007 was private equity's golden era, then 2008 marked the start of a new "purgatory age".

Thank your lucky stars that in Catholicism, Purgatory is a temporary punishment.

But remember that according to Dante, there's a problem...it's just one step up from Hell...and for a moment just check out who else is on the beach:

:-o

Despair image courtesy of Bruce Sterling.