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Silicon Valley is gushy and giddy over this new era of "cellevision," a welcome respite from five years of financial rubble since the Net bubble burst.
Yet, many overlook the one bright spot amid the financial rubble: credit unions.
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To bursts of applause, he called Americans "gritty and resilient" and added that in the last five years "we've been able to clear away the rubble of the financial crisis".
After thirty years, it has collapsed and left behind piles of rubble, financial angst and heartache.
That fragile system was crushed under the rubble of the financial crisis.
As regulators and shareholders sift through the rubble of the financial crisis, questions are being asked about what role lavish bonuses played in the debacle.
As the banks work their way through the rubble of the financial crisis and their own missteps, their focus on rehabilitation — rather than a full resumption of lending to businesses and consumers — continues to delay Europe's economic rebound.
"Thanks to the grit and resilience of the American people, we've cleared away the rubble from the financial crisis and begun to lay a new foundation for stronger, more durable economic growth," a White House report said.
Now that's noble for a beautiful old town but when the financial system is almost reduced to rubble, you don't rebuild it atop a fault line.
Amid the rubble of Japan's financial system, sales at Citigroup's private banking services, which are open to investors with assets of at least 300 million yen ($2.3 million), have grown more than 25percentt a year for four years.
What tempers this dark cloud of economic anxiety is another group of Americans who, despite their general financial concerns, look at the smoldering rubble of the collapsed economy and see an opportunity for their family to get ahead.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com