I ran a couple charts this weekend just to get my mind around what the

floor

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‌Welcome to March, {{ person.firstname | default: 'friend' }}.







You're likely to hear a lot about black swans this week. As the financial

markets gyrate, we'll be told how nobody could have seen this coming. Yet,

just like 2008, that's clearly not true.







I didn't call the housing market crash, but neither was I surprised by it.

Working in the city-building trenches, it was clear that something was very

wrong. I was telling the communities I worked with to prepare.







We've been saying the same thing for years here at Strong Towns. I f you

repeatedly drive over a bridge you know to be old and rickety, it’s not a

black swan when the bridge finally collapses.







As I write today in my Monday post, :







"Our economy is brutally fragile because it’s comprised of cities that are

brutally fragile, the wealth of our places long stripped out in service of

national, short-term growth objectives."







There are ways to make our financial markets stronger and more resilient.

They

begin with making our neighborhoods stronger and more resilient.







You have an important role to play in that. Let's make this the week our

community gives up on living the illusion of wealth and shifts to a Strong

Towns

approach.







Seize the day!







Chuck Marohn



Founder and President of Strong Towns



Strong Towns



www.strongtowns.org





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