Saturday, October 11, 2008

Marking Time

I guess it's been two years now, according to what I wrote last year. There's really not much to say about it. My income is much better than it was, but my debt is still there. I've dated a small number of women. My kids are growing up. I drove across the country solo twice. I've gotten some good stories out of this time.

So why does it feel sometimes like nothing's changed?

Friday, October 10, 2008

Faith based economics

I'm pretty sure the economy is a religion. When you have values of things based on what people believe they are worth, and when their fear of the future can radically alter the economic terrain...that's just not science. That's faith. That's religion.

The people throwing money at this mess have no idea what they are doing. None at all. If they knew how to fix it, they should have done so a long time ago.

The stock market didn't begin to recover from the 1929 crash until 1932. That's when it bottomed out. Think about that for a little bit. Quick fixes? At this point, I'd suggest just doing what it takes to keep your job, although companies that start right now will probably do frighteningly well if they can make sales and avoid needing external funding.