I decided not to watch the financial news anymore. They can update me when it's time to stand in a bread line - before that, I really don't care that much anymore what the stocks do.
In High School I learned that looming economic depression usually means people start saving, which means less people buying, which means less investments, which means more losses, which means lay-offs, which means more people saving etc. And spiraling down with each fiscal quarter.
But we've seen what happens with your savings these days. I wonder what that means for the cycle of economic recession. Will people start spending while they feel they still can? And what will that mean for the economy?
I should've studied economics. This part is mighty interesting. But for now, the crisis is boring me. I'm starting to long for those crappy stories by embedded reporters in Iraq--
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