I'm curious to hear from readers on what kind of effects they have seen from the recent financial market chaos.
I already know that things have worked out badly for some people who work in the financial sector. I know the US auto makers have seen a great reduction in sales and are laying off workers, but I think that began some time ago as a result of inflated fuel prices, rather than being directly tied to the recent crash.
I ask because I hear and read every day that the sky is falling, that things are getting worse and worse, that we're looking at a long recession and the economy is in horrible shape. And yet, I drive to work every day and nothing has changed. The stores still have plenty of everything, the lights stay on. If not for the dire news stories, I would never be able to tell anything had changed at all.
The only difference I have personally seen is that gas is a heck of a lot cheaper which, honestly, doesn't tend to make me feel panicky or depressed. On the contrary,there has been a distinct lightening of my mood lately when I stop to fill my tank.