Dow Jones tanked big time. Another 445 points today. The Market is now below 8,000. S&P is at its lowest since 1997. The Bay Area median house price is down 46% from this time last year. What else is down? Well, oil price, after a record high this summer, is now way down. The only thing that's up is unemployment. AND THAT'S NOT GOOD!!!
So what's wrong with our economy? Most of us are at a loss and we, the average people, are wondering why are we part of this mess. We are just victims. We, the average people, did not play big on the stock market and did not buy houses that we can't afford. Yet, we are being sucked underwater by the pull of this big sinking ship along with those who created this mess. We can only swim as fast as we can to stay afloat and wondering WHY? WHY? WHY? Ugh!
The Worst. I had to lay someone off today. The worst part was that it had to happen at the worst time of the year, the worst of the job market, the worst of worst of everything. I felt the fear and the helplessness. But what can I do? Who is next? How many more? Will it be me down the road?
In addition to the ground sinking, the sky falling. Our world is collapsing like a super nova. What awaits us? I hope it's not the black hole.
Be safe everyone. I wish you all the best!
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