More bad news in today’s New York Times. According to a report by Dennis Overbye, after 10 billion years of record-setting growth, the universe’s expansion has slowed down:
‘This result could be explained as arrested development of the universe,’ said Alexey Vikhlinin of the Harvard-Smithsonian Center for Astrophysics, who led a multinational team using NASA’s Chandra X-ray Observatory to weigh galaxy clusters from far across space. The group reported the results in a telephone news conference on Tuesday and in two papers that will appear in The Astrophysical Journal.
Dr. Vikhlinin suggests the culprit might be “dark energy.”
How this five billion-year slow-down will impact already hurting individual investors, retirees, and homeowners and if a government bail-out is in order is unclear at this point.