Bruce Springsteen sang "I'm going down, down, down, down. I'm going down, down, down, down. I'm going down, down, down, down."
This downfall in the economy hasn't been a real "crash" like the stock market crash of October 29, 1929, known as Black Tuesday.
Instead we keep going down, down, down, down. (Then we take a break.) Then we resume going down, down, down, down. (Then another break.) Then, we keep going down, down, down, down.
And the worst part is that no one knows how to stop the fall. No one knows where we're going or when we will hit the bottom. Not the President, not the Secretary of the Treasury, not stock brokers or financial advisors.
But in an almost surreal way, we're not panicing. Maybe it's the air conditioning and sealed windows, but we never had business men jumping from office buildings like in '29. We don't have former stock brokers selling apples or pencils on the street. It's bad on paper, but our life goes on. Yeah, we're not retiring at 65, and we cut back on things, but life goes on.
So for now, we're going down, down, down, down; we're going down, down, down, down; we're going down, down, down, down.
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