Well, I have to add the economy has been hit hard here. The layoffs are hitting massively here. I personally feel extremely odd woman out when talking to my friends in their 20-40s. Most of them have been living paycheck to paycheck for years, and are being laid off. Throw in losing their homes to foreclosure too...
A lot of businesses closing down in our neighborhood as well. Though we certainly live in the thick of the housing bubble. (I can't help but wonder if a lot of these businesses were financed with home equity - probably so).
I do admit I am rather suprised at the optimism on this thread. (Or maybe not. Preparedness means less to be afraid of).
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