The fall of the Berlin Wall, the collapse of Lehman Brothers, the Arab Spring, the travesty of Argentina’s early elimination in the 2010 World Cup and many other defining events of the last two decades all share a simple truth: the best of our expert predictions about the future are, quite often, wrong.
The New York Jewish Week.
Just a year after economists say the “Great Recession” ended, instability and market crisis are rearing their ugly heads again. For the Jewish community, the ongoing economic turmoil may again threaten many of our institutions that depend on philanthropic support to sustain us culturally, spiritually, and — often — physically. However, as the Jewish community enters a new period of financial uncertainty, we need to recognize that going into “crisis mode” misses the opportunity to learn important lessons and make real strategic changes.