| 1 | Even in the Great Depression, things didn' t head straight down. | |
| 2 | But if the market eventually turns against him his capital may be wiped out. | |
| 3 | Mr. Obama could protest that his swift and sudden fall from grace is no fault of his. | |
| 4 | It was issued in 2008, right at the time when the world abruptly shifted from an outlook of prosperity to belt-tightening austerity. | |
| 5 | For many reasons, such as the return of violent nationalism, reality in some places very quickly turned ugly and bloody again. |
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