My father may be one of the few people on this earth to find the whole worldwide recession slash stock market crash combination amusing. Every day, without fail, he will turn on the TV when he has a free moment just to see how bad things have gotten since he last checked, and when the dow drops fifty million points and another bank goes bankrupt, he yells out the news to whomever is in the house at the time, following it up with, “the armageddon! it’s the armageddon!”
He is having way too much fun with this.
Hahaha! If I wasn’t wondering whether or not my savings are safe I’d probably be doing the same.
Reply: No kidding eh. I’m not sure what the situation is like anywhere else, but for my family, all of our banks insure up to $100,000—so split the money in two banks if you have more than 100K and you should be covered is sort of the gist of it, from what I’ve gathered.
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October 10th, 2008 at 1:44 pmYeah, there’s that “World War” kind of feeling at this point. Personally, I don’t think Europe and Asia should have traded stocks with us while Bush is still putting us in unbelievable deficit. Bah!
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October 10th, 2008 at 2:38 pmWell,this damn crisis is affecting everyone…and if I’m not mistaking somebody said the antichrist or whatever would arise in time of crisis with promises of salvation and all that. Maybe your father is onto something, haha? Who knows…I don’t think it was so wise of me to quit my other job :-s
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October 10th, 2008 at 3:13 pmI like your father’s humor. We may as well get some laughs, since there’s not much that can seemingly be done about the state of things.
Reply: Very true!
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October 10th, 2008 at 4:05 pmI agree with Larissa on this one, but mainly because I don’t pay attention to these things. I probably have to start, though, since I’m going to be living on my own in a matter of years.
Growing up sucks.
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October 10th, 2008 at 5:41 pmLet’s just hope that world leaders come to an agreement this weekend that will stop the financial crisis from getting worse.
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October 11th, 2008 at 1:03 amI’m not too worried about it – I only own shares in Tattslotto, and they only pay about $50 a year anyway, and my savings are guaranteed by the government (as I have just under $20,000, the amount they’ll guarantee).
I’m set. :P I’m just laughing at a guy I know who’s lost about 9 grand…and he’s just a small-time player!
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October 11th, 2008 at 2:58 amROFL! The economy is ridiculous and quite possibly non-recoverable, so I do what he does – laugh. :D At least we’re not packing off for California like the Joad family!
(Grapes of Wrath reference there for non-readers ^_^;)
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October 11th, 2008 at 8:44 amAnd I’m having too much fun thinking about that situation.
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October 11th, 2008 at 12:26 pmI think your dad is on the right track. Heck, it’s often the case that the panic mode people go into when the market steeply declines – the hording, dumping their mortgages, and cutting their spending in general – fuels a recession more than foreign markets do! Best thing to do is just stay calm, have a laugh or two, and NOT fuel the recession by selling all your worldly possessions and holing up in your basement for the next five years.
Mostly I am just enjoying the newly lowered fuel prices. Gotta look on the bright side, right?
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October 13th, 2008 at 2:36 amHaha… I don’t know you, or your dad, but I think I’d love to meet him. Sounds too funny.
Reply: He’s pretty funny like that, yeah! :)
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October 13th, 2008 at 11:48 am