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How is the economy affecting you.

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pinballwizard79:
There are not that many plants here either...........anymore.

patrickl:

--- Quote from: Level42 on March 11, 2009, 07:35:46 pm ---I think the reason might be that we, as a rather small company, are usually cheaper than the big one's. So, for the projects that are going on, price is more than ever an important factor.
--- End quote ---
Indeed, that's how I survived the previous "crisis" too. I actually had more work since clients couldn't afford the big companies, but they still needed their problems fixed. They found out we do better work as well, but when the money flows back in it's tough fighting the sales people of these big companies.

I haven't noticed much of this recession yet. Apart from my pension investments probably being worth half of what they were worth before.

Mauzy:
Well, I know Im not affected directly by whatever you want to call the "economic downturn" as I still live with my parents, but dad runs the local Best Buy which has mother worried. His store is one of the highest profiting in the region, but crazy things can happen when your livelihood depends on people buying luxury items. Living in a town with the University of Illinois which has about (last I heard) 30,000 students in attendance definitely eases the tension within the county. They also contribute a lot to the local economy not just through the University but through all their vital college kid needs (Apple computers, TVs, video games...etc) but all that will go out the window soon too. We feel confident that Best Buy can stay afloat, but its still scary. I know my parents are saving money everywhere they can "just in case" though.


My grandparents have it WAY worse. All their retirement money was in the market. They've lost more than half their value with no time to get it back. At least my parents have another 10-15 years to rebuild the retirement.

shmokes:

--- Quote from: JMB on March 11, 2009, 04:36:22 pm ---On the plus side with my 401k tanking and my home value dropping I will have to give my cheating wh@re wife less in the divorce.  Got to love living in a no fault state.  :angry:

--- End quote ---

If your wife is a cheating whore, what good is living in a no fault state?  Cheating is grounds for divorce in any state.

shmokes:
My wife is a graphic designer and her firm his in panic mode.  They're having a very difficult time finding clients.  We're pretty worried for her job, which is the only one between the two of us.  I'm only halfway through law school right now.  Keeping fingers crossed.

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