Just wondering where all the “Bring it on people” are at

[peterb]

As this tide is going out, we’re finding out just about everyone was not wearing a bathing suit. If one is heavily in cash, the world is starting to look very cheap, but getting cheaper. This was the only historically accurate reaction to a huge and very unsustainable growth in debt. There’s no way we could have kept on the path we were on. So now, we begin the correction to sustainability, but with an over correction…as is usual. I’ve been saying this on this site for the last 8 months. While everyone was salivating about rent vs. own cost being equal and cost vs income ratios getting lower. I’ll say it one more time for those that did not seem to believe what I wrote was true. Unemployment will devistate CA real estate. It always has and will. We’re about to get a massive dose of unemployment that’s going to make everyone recalibrate their financial world.

[carlsbadworker]

Bring it on! Fact is: job security is still more about psychological fear than about the real job safety. Even in depression, the number of people who have a job still outnumbers the number of people who don’t by a wide margin. Also, even if I got laid off tomorrow, with all the severance package and unemployment benefits, I still feel richer than any time I was in the bubble years. I was “priced out forever” in those years, but now even with layoff, I still have a chance to buy a small condo to live in with all cash.

[carlsbadworker]

Bring it on! Fact is: job security is still more about psychological fear than about the real job safety. Even in depression, the number of people who have a job still outnumbers the number of people who don’t by a wide margin. Also, even if I got laid off tomorrow, with all the severance package and unemployment benefits, I still feel richer than any time I was in the bubble years. I was “priced out forever” in those years, but now even with layoff, I still have a chance to buy a small condo to live in with all cash.

[carlsbadworker]

Bring it on! Fact is: job security is still more about psychological fear than about the real job safety. Even in depression, the number of people who have a job still outnumbers the number of people who don’t by a wide margin. Also, even if I got laid off tomorrow, with all the severance package and unemployment benefits, I still feel richer than any time I was in the bubble years. I was “priced out forever” in those years, but now even with layoff, I still have a chance to buy a small condo to live in with all cash.

[carlsbadworker]

Bring it on! Fact is: job security is still more about psychological fear than about the real job safety. Even in depression, the number of people who have a job still outnumbers the number of people who don’t by a wide margin. Also, even if I got laid off tomorrow, with all the severance package and unemployment benefits, I still feel richer than any time I was in the bubble years. I was “priced out forever” in those years, but now even with layoff, I still have a chance to buy a small condo to live in with all cash.

[carlsbadworker]

Bring it on! Fact is: job security is still more about psychological fear than about the real job safety. Even in depression, the number of people who have a job still outnumbers the number of people who don’t by a wide margin. Also, even if I got laid off tomorrow, with all the severance package and unemployment benefits, I still feel richer than any time I was in the bubble years. I was “priced out forever” in those years, but now even with layoff, I still have a chance to buy a small condo to live in with all cash.

[NotCranky]

Maybe living as if you will always have a job is the new irresponsible?

[NotCranky]

Maybe living as if you will always have a job is the new irresponsible?

[NotCranky]

Maybe living as if you will always have a job is the new irresponsible?

[NotCranky]

Maybe living as if you will always have a job is the new irresponsible?

[NotCranky]

Maybe living as if you will always have a job is the new irresponsible?

[EconProf]

The safe jobs are, generally speaking, in government. All levels, state, local, federal, military, are virtually immune to the tribulations the private sector employees are about to go through. During the Great Depression, government employees were the lucky ones.
Let’s not hear any more whining by public employee unions about their relative misfortune.

[EconProf]

The safe jobs are, generally speaking, in government. All levels, state, local, federal, military, are virtually immune to the tribulations the private sector employees are about to go through. During the Great Depression, government employees were the lucky ones.
Let’s not hear any more whining by public employee unions about their relative misfortune.

[EconProf]

The safe jobs are, generally speaking, in government. All levels, state, local, federal, military, are virtually immune to the tribulations the private sector employees are about to go through. During the Great Depression, government employees were the lucky ones.
Let’s not hear any more whining by public employee unions about their relative misfortune.

[EconProf]

The safe jobs are, generally speaking, in government. All levels, state, local, federal, military, are virtually immune to the tribulations the private sector employees are about to go through. During the Great Depression, government employees were the lucky ones.
Let’s not hear any more whining by public employee unions about their relative misfortune.

[Author]

Posts