Jan 24, 2008 17:53
I'm rereading Neal Stevenson's Cryptonomicon right now and the line about "Asian economies going down the tubes when people lose control of their sphincters" (or rather, the converse) seems quite appropriate right now. The global economy is melting down. Michigan's economy is so far past core breach meltdown that the molten radioactive fuel assemblies have finally reached China. So why am I so optimistic right now?
Perhaps it's the fact that most of the people I know seem to be getting newer, better paying jobs, even in the midst of the Chaos. In addition, it's the report that I read (source long since forgotten) which said that while unemployment will remain high, so does the demand for skilled workers. Translation: we're laying off the line workers and other unskilled types; meanwhile, if you have a host of high-tech skills and ambition like I do, companies can't wait to hire me.
Or perhaps it's that as far as I've been concerned we've been in an economic Depression (yes, I used the D-word) since early 1999. I haven't noticed a real change in my fortunes for the whole time that GWB has been in office (and for completeness, my family struggled economically during the Clinton Administration, so don't go there.)
Personally, Contrarian that I am, I still think that 2008 will be a great year, personally, professional and socially. Don't believe the hype, and keep doing what you're doing. We'll weather everything all right. The Chinese on the other had, will obviously have problems with their sphincters.