The Chronic Malcontent
Monday, September 22, 2008
  Depression 2.0
Last week's Wall Street watershed was more shock involved than anything. No one knew what to do, what was coming next, and on main street usa, we were even more clueless on how to proceed.

So a lot of us proceeded to do our daily tasks. I thought briefly of taking all my money out of my bank, but I'm kind of socked into it being there, at least on paper... I have payments set up on autopay, so I can't just take the money out.

Interesting how I am now locked into keeping my money in there.

All I know is that I don't have 700 billion for my government to bail out others - I'm too busy bailing myself out almost all the time. I don't think I'm alone there. Lots of us do odd, silly and sometimes downright stupid things with money. Suze Orman would say my relationship with money is totally dysfunctional, and she'd be right. I'm great with other people's money, but not so great with mine.

It's cold comfort that many people with much greater financial acumen than me have some deep fears about money right now. As someone that lives off main street - way off from where people think it really is, anyway, I still don't know what's coming, what it means, and what to do.

All I can do right now, is keep my eyes open and pay attention. I strongly suggest you do the same.
 
Comments:
These are scary times for those of us who are watching retirement accounts dwindle before our very eyes. Sure they'll come back but not everyone has 20 years to rebuild the nest egg. I've not been on YouTube in quite a while as I've been blogging but I'll get by there to see if you've posted new videos.
 
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