I'm writing this from a hotel room overlooking downtown Ithaca, NY. Ithaca is an interesting town, it still has echoes in its architecture from its days of light industry - the long closed Ithaca gun works - but today, of course, the economy revolves around the tens of thousands of undergraduates receiving expensive private educations up on the south hill, at Cornell and Ithaca College. One of them has a building festively lit with the numbers "07" to commemorate the year's end. What will happen in the strange "post-industrial" economy of Ithaca and the United States in the coming 2008, the year after the housing bubble burst and the easy credit went away? Only time will tell.
For tonight all the best to you and yours.
Happy New Year.