February 20, 2010


This describes how I feel and the economy. Warning: it's me Debbie Downer again.

I just looked up our home value for "fun" and it's gone down $120k since we bought our house four years ago. We owe almost exactly what it's worth! I cried a little. How is this possible? When will things turn around? What will it take? Is it another stimulus package? Is it something else? I don't know. What I do know is that I bear some responsibility in the current financial crisis. I am guilty of living beyond my means. Did you know that as of 2007 it would take the average American household 240 years of savings to pay back what they owe on their homes, cars, credit cards and all other debts, large or small. Holy shit! My stomach is upset.

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