Is that all you've got!?

What's the capital of
the United States?
(drum roll)
About twenty cents. #

Just tell me now, world. Are we serious about this catastrophic global depression or not?

Is this just another of your doomsday fads? Because frankly, some of us are a little tired of your melodrama.

Last month it was that peak oil business. Before that it was global warming and carbon trading. Then it was the obesity epidemic.

You promised that the SARS coronavirus would turn into a pandemic that killed us all, if bird flu didn't get to us first.

http://
IsTheEconomyDownForEveryoneOrJustForMe
dot com. #

And you wasted a lot of our money and effort worrying about this supposed terrorism wave that you promised would crush Western society into long-deserved oblivion.

Your flippancy on these negative promises has been remarkable and frankly my patience is wearing thin.

I'm not going to drag up all the wasted years of worrying about the cold war, and the certain death from global geo-thermo-nuclear warfare with which you haunted my childhood years. But I will say this:

Global meltdown is
going to finally
give us all the
one thing money
can't buy.
Poverty. #

The best you've got for me is something about poor liquidity in the market place!? Seriously!?

Fuck you, Earth. You've got to do better than this.

Give me total fucking annihilation from blood-lusting aliens with nuclear guns in their finger-tips, or just shut up and let me write my code.

Sincerely,
lb.

Sing out the truth. Most of what we're seeing in the news, and on reddit, and on Digg, regarding the so-called "global financial meltdown" is fearmongering and what's worse, it's fear-mongering for profit. Glib proclamations of future doom cunningly designed to accumulate pageviews and generate "buzz". I say BRING IT ON. Let's divest ourselves of all this BS wealth we've accumulated and start building real value again, starting by firing every CEO who participated in the crisis and every blogger who gave it steam. Enough is enough. Bring on the frigging aliens, let the zombies attack, I'm ready.

As a trained economist (to my shame) all I can say is:

This is not a global meltdown. Some people bet their shirts and lost. That's all. Nothing that happened was real. The factories, farms and offices are all still there.

The only thing that really changed is sentiment -- we've lost our confidence -- but that will return.

By the way, the Wall Street Crash did *not* cause the Great Depression. It was caused by perverse post-Crash policy responses. There are those in the US who would love to repeat those mistakes but, as luck would have it, WTO rules prevent them from doing too much damage.

That's not to say that we *won't* have another Great Depression. I'm just saying there's no particular reason for thinking that we should have one just now.

</rant>

Totally agree ! The melodrama content is kinda on the leaner side ... We deserve better ...

All you can do is sync all your code and databases locally to your laptop so if the world is ending you will at least get 3 or 4 hours of coding, maybe 5 if you dim your screen brightness...

Is that all you've got!?

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