Commentary on the economy, the markets, and business

The front page of the Wall Street Journal: Where eras go to die

Yesterday it was the GOP's grip on the business vote:

The Republican Party, known since the late 19th century as the party of business, is losing its lock on that title.

Today it's Wal Mart:

The Wal-Mart Era, the retailer's time of overwhelming business and social influence in America, is drawing to a close.

What epoch will come to a close tomorrow on the front page of the W$J? How about:

The China moment, when half the Western world spent half its time obsessing over the meteoric economic rise of the world's most populous nation, is about to pass.

or maybe

The private equity industry, spawner of great fortunes and inspirer of feverish MBA-student dreams for nigh on a decade now, is toast. At least until 2012 or so.

or

The lolcat phenomenon, bringer of mirth and puzzlement to hundreds of millions of Internet users, has reached the end of its string.

More suggestions welcome.

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    The China story has just begun.

    The domestic market is growing so quickly that exports (to the US) are soon not going to be of vital importance.

    Murdoch knows this. Wait until he controls the editorial board and influences every story at the paper!

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