Recession, Depression. So what?
Wednesday, November 19th, 2008Obama won the bid for president. The stock market fell below 9000. Microsoft lost $24 billion in capitalization in 17 days. Several insurance and banking concerns had to have federal bailouts. Some more than once.
They say it will probably take four to five years to even out. That is a pretty hard thing to imagine for the average “Joe”. Many lost their retirement savings from stock management funds. Many lost their jobs.
How can we ever repay the debt we have incurred?
All you can do is double your efforts to keep yourself afloat and try to help those you can.
The mismanagement that caused this situation will not go away. The people who caused most of the problems will be the biggest losers.
Even if they get big compensation packages they will be in dire straights with knowing they caused so much grief and hardship. Our part is easy. We just forgive the transgressors and move on with our lives. Forgiving can be pretty hard with the holidays coming but the purpose of these “holidays” is to realize what we do have and be thankful.