Sometimes it was as if the gods themselves were conspiring against this decade. On Aug. 29, 2005, near the center point in the decade, Hurricane Katrina made landfall in southeast Louisiana, killing more than 1,500 and causing $100 billion in damages. It was the largest natural disaster in our nation’s history.
There is nothing natural about the economic meltdown we are still struggling with as the decade winds down. A housing bubble fueled by cheap money and excessive borrowing set ablaze by derivatives, so-called financial weapons of mass destruction, put the economy on the brink of collapse. We will be sorting through the damage for years.
via The End of the 2000s: Goodbye to a Decade from Hell – TIME.