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Hell Puppy · 10-10-2008

Nothing good comes from the entire market continuing to plunge as it has. Most people who are happy to see people losing fortunes on the market suffer from wealth envy.

Reality is the Warren Buffets and Bill Gates of the world aren't going to have their lives impacted. Now meanwhile, tens of millions of people who have worked hard all their lives and have retirement accounts are watching their net worth tank and face probably having to work a few more years at best. At worst, they may be losing homes, etc.

How would you like to be recently retired right now? Thought you had enough to live rest of your life on, maybe travel a bit. Now instead it's time to check out that Wal-mart greeter position.

All of this trickles into the economy....or out of it.

We're not immune, especially B2B in this business. Much like Toby, I have some things I was ready to pull the trigger on that would've had me buying quite a bit of goods and services within the biz....it's on hold til we find the bottom. I spend what I have to, but that's some design work, coding work, hosting, content purchases, etc that would've been made and now are on hold. My outlook changes when we start getting down near 2002 lows.

10-10-2008	#4
Hell Puppy Fat Fucking Nobody Want to see your own Advertising Here! Join Date: Oct 2002 Posts: 6,523	Re: Jump You Fuckers..... Nothing good comes from the entire market continuing to plunge as it has. Most people who are happy to see people losing fortunes on the market suffer from wealth envy. Reality is the Warren Buffets and Bill Gates of the world aren't going to have their lives impacted. Now meanwhile, tens of millions of people who have worked hard all their lives and have retirement accounts are watching their net worth tank and face probably having to work a few more years at best. At worst, they may be losing homes, etc. How would you like to be recently retired right now? Thought you had enough to live rest of your life on, maybe travel a bit. Now instead it's time to check out that Wal-mart greeter position. All of this trickles into the economy....or out of it. We're not immune, especially B2B in this business. Much like Toby, I have some things I was ready to pull the trigger on that would've had me buying quite a bit of goods and services within the biz....it's on hold til we find the bottom. I spend what I have to, but that's some design work, coding work, hosting, content purchases, etc that would've been made and now are on hold. My outlook changes when we start getting down near 2002 lows.