It is all relative

"The deterioration of the macro economy is still unfolding.  We expect 2009 will be a challenging year for most CMT sectors, as the recession is likely to have a number of negative effects on demand for CMT services as well as bad debts, capital spending needs and headcount requirements.  We expects the recession to be deeper and more protracted than post 2001, with the economic environment continuing its malaise well into 2010, if not beyond."

Some bs i am writing for work.

Fucking fantastic...  We are all fucked.  In 2001, the bubble, the dot coms, IT, related comm was a tiny fraction of our economy.  It was painful.  Then 9/11.  but whatev.  we are looking financials, auto, commodities, housing.. huge portions of our economy which touch each and everyone of us. 

Trent and I were lamenting about our respective fates last night - mid 20's, finance background, both some what precariously employed, no real assets to speak for (great I have a car which I don't drive, an apartment filled with a few toys, some savings, some stocks that are worth 80% less then the day I bought them)...  After busting our asses for the past 5 years we have essentionally have been reset to college graduation.  Fuck Fuck Fuck

But, to be honest, not a bad place to be.  It is incredibly easy to be inwardly focused right now, indulge in a healthy serving of self pity...  No.  Just stop.  This is not specific to us.  Learn from this experience, modify you behavior, consumption habits, priorities..

Who I feel for... the new family, two young kids, single earner family, with a mortage... the late50s  somethings who just watch the Dow Jones go from 13,000 to 6,800 and their retirement savings fall by half...

Ha, so I am fucked, on a relative basis, less...