We don't typically talk about the economy on this blog, but let's face it, just about everybody's hurting. I'd bet every one of you reading this post knows at least one person who's lost his/her job. The book business is certainly suffering as a result, from bookstores to publishers to authors.
Yesterday I saw this link go by in Twitter and took the time to watch the full nine-minute video. The video shows Peter Schiff, CEO of Euro Pacific Capital, on news shows in '06 and '07, predicting our current economic crisis in detail--and literally getting laughed at. Watching this video today is downright chilling.
The guy reminds me of Jeremiah. Nobody listened to him either.
We don't like naysayers. When times get tough we cling to hope. Fortunately I have a God to cling to, with whom I ultimately trust my and my family's life. But sheesh. Maybe we oughtta be listening to what this guy's saying today. (Which isn't good, by the way. See current videos here.)
Have you been effected by the economy? ("Effected" could mean anything from losing a job to housing problems to simply spending less.) Do you think all this stimulus package stuff is going to work? I'm thinking we may better buckle down for a long ride.