Tobias passing

Featured in

  • Published 20090831
  • ISBN: 9781921520761
  • Extent: 264 pp
  • Paperback (234 x 153mm)

TOBIAS FOX, VICE president of sales, arrived at our Canberra sales office by taxi. This was the last stop on his nationwide recession-chasing tour. For some weeks prior to his arrival, motivated by primal emotion, our team pored over spreadsheets, deals and opportunities, trying to construct a future. Our creatively optimistic forecasts failed to obscure the fragility of our predicament. The numbers looked terrible, and for Tobias the numbers meant everything.

Growth is a fundamental imperative of capitalism, and for some it is an end unto itself. For more than a decade the world forgot that endless growth is unsustainable. That’s why we have great recessions – to remind us. Since the late 1990s my wife and I had reclined on a bed of puffed-up middle-class comfort. Like so many we were oblivious to the growing troubles and ignored the debt hole beneath our mattress: a mortgage, school and university fees, HECS debts, tax debts and big-boy’s-toy debts.

Already a subscriber? Sign in here

Share article

More from author


MemoirIt is late at night. I am driving alone from Nadzab airport to Lae. Large potholes crater the narrow road making it nearly impassable....

More from this edition

Stupid money

EssayShortlisted, 2010 Victorian Premier’s Literary Awards, Essay Advancing Public DebateAt particular times a great deal of stupid people have a great deal of stupid...

Chère Colette

MemoirAT IRREGULAR INTERVALS of between twenty and thirty years came great floods which were afterwards remembered as one remembers insurrections or wars and were...

Stay up to date with the latest, news, articles and special offers from Griffith Review.