Watching Wall Street: A global earthquake

Abstract

When the liquidity crisis in the United States reached fever pitch in early October 2008, I began to keep a weekly journal to see if I could make sense of the event. I continued the diary for three weeks but sent it every seven days to Anthropology Today. In the journal, I used local or US expressions for the events and inserted some of my reactions as a participant ‐ observer. I did not survey the effects of the crisis on other countries or compare their experiences to those in the US. Little did I expect that anthropology would help clarify what happened in those 21 days, but it did. I found themes from postmodernism to spheres of value, and some anthropological ideas for other ways to manage the mess.