When Desert Companion asked me to reflect on a year, any year, between 2007 and 2017 for it’s ten-year anniversary issue, I took the first one.
The housing bubble was big, but the financial bubble, in which mortgages had been furiously purchased, bundled, and packaged into exotic investment products, was bigger. Some people foresaw that in 2007, but few if any of them were Nevadans, and I certainly wasn’t among them. Nor did I know that within months the global economy would plunge into the most severe economic crisis since the Great Depression, and that nowhere would be hit as hard, and for as long, as Las Vegas.
Neither, evidently, did Barack Obama, Hillary Clinton, John Edwards, and other Democratic presidential candidates who visited Las Vegas regularly throughout 2007…
Read the rest if you’d like and/or if you haven’t.