nurseangela wrote:
I was reading how Brazil was when you had the Olympics going on. Are things bad there ?
the economy is supposedly at its lowest since 1930, but honestly i don't see it. i wouldn't even know it if i hadn't heard about it on tv. everything seems normal to me. we had local elections just last month, and everything seemed normal. people talked all the time about "THE CRISIS!!" when i was in italy, but i don't see that going on here. goes to show how the usual economic indicators mean very little
whatever "crisis" this is (it technically
is a pretty bad recession), it's absolutely nothing compared to what things were like in the 80s and early 90s.
those were crazy times. now i have money in the bank that i'm saving for my eventual early retirement, the interest rate looks pretty good, and i see no reason to be afraid of anything happening to my money. the economy has been stable for 20 years (and, ironically but probably not coincidentally, it was actually doing pretty well following the american crisis in 2008)