The "D" word's being tossed around in a way I have never seen. Plus, this recession isn't just limited to the States. It's global.
Since we didn't have a full economic recovery from our last recession in the early 2000's (full recovery meaning each income bracket sees an increase in real wages), this one's hitting especially hard. Nearly 10% of homeowners dealing with the subprime chaos. We are now seeing an increase in food riots. The dollar's weakening. Credit debt is at an all-time high and consumer confidence is in the toilet. And something I as a job seeker notice: a massive growing trend towards commission-based sales positions and those work-at-home jobs. What I see much fewer of: secure positions that pay a living wage.
Check out this article to get some tips on surviving a (potential) upcoming Depression. At the very least, some of these are applicable under any economic conditions.
I still have faith in human kindness and generosity. I believe we can work together and use this time to create something new. Aren't we all just a wee bit tired of being so dependent on the System?
Subscribe to:
Post Comments (Atom)
1 comment:
Interesting article,
Part of the reason I left grad school without looking back to learn construction was a response to prepare for "peak oil".
Composting/waste utilization will also become growth areas.
Post a Comment