So, one thing that has been worrying me lately is that it's been about a year since this thing officially started.
During that time, the "economy" has done very well. People bought stuff, they took vacations and spent money on frivolous things. A lot of money on frivolous things. People have lived "paycheck to paycheck" but that still allowed them to get by and spend while doing so. Some collapsed in bankruptcy, but many more just kept going.
My thought is this: If nobody talked about a "recession" would this one have come about? If the word "depression" was never uttered on CNBC would investors have pulled their money out?
Sad times none the less.
Good luck all.
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