Fortunately for NOW I work in the IT/Healthcare business and we are business as usual. However, I am truely concerned since our generation has yet to experience such events; Gen X/Y especially. The correlations to the Great Depression are eerie, although I think being way hyped by the media; and this has exacerbated fear-- fear and financial markets are a sad and catastrophic combination. I am not sure that the G-7 will make it any better and I see us headed to over 30% losses in the Dow and S&P (adding to the already 40% loss peak to trough) by the time we are done. This will enter the books as a mild-moderate depression or, at the very least, a long lasting recession (at least a 2 year one). Folks, this is global and way bigger and more complicated than anything seen before..IMHO..
Sorry for the words of optimism...I sound gloomier than Nouriel Roubini...I am buying plenty of non-perishables just in case. Now, back to...who has the best sub?!?
Honestly, we'll be fine in the long run. I assure you that our priorities will shift for the better. Materialism will wane and spirituality will guide us thru--fyi, I am not a religious person at all. I think that events like this, although hard to swallow especially if you lost your job or large sums of money, are necessary. These are necessary moral re-alignments that I believe are healthy. Many were taken and consumed by great levels of greed. Hopefully those that took advantage of others will get thier dues..Karma, guilt, jail, whatever..
Remember yourself and your loved ones... they [hopefully] love you more than money, cars, big homes, nice watches (replica or real)...
Peace..