I’m still trying to wrap my mind around what is happening here in this country with regard to the economy. Does anybody out there really get it?
Nobody I know does. And even the “experts” are struggling with their sense-making.
Maybe, if anyone saw this disaster coming, then, perhaps, we might have done a better job of heading it off? Of course, then, well, let me think: Bush is still running the country. So I guess there’s no one really minding the store.
I heard on both NPR and MSNBC this week that we came just this close to plunging into The Great Depression II. And, that we’re not out of this yet…despite the massive $700 billion federal bailout, we’re still looking for more businesses to fail, many more workers to lose their jobs.
I have to admit to being scared. In the post-911 era, it took three years for me to lose the last “permanent” job I had. I’ve struggled with my life, in one way or another, ever since. Then, earlier this year, I lost a double-digit percentage of my AIG-invested retirement funds before I made the move to a more conservative investment strategy. The new approach isn’t really earning me money anymore, but the bleeding, thank god, for the time-being, has been stopped.
What happens to me? ….what happens to us? …if we’re not able to work our way out of this crisis.
There’s a lot to think about here…