Comments on: US Economy To Take Swan Dive http://peacecorpsworldwide.org/new-economy/2012/12/01/us-economy-to-take-swan-dive/ The financial crisis of 2008 has ushered in a new facet of the “New Economy.” Whatever you say about the origins and course of this financial crisis, this new dramatic development will be a major influence in our economic future. I will discuss the financial crisis and where it has led us. I will then look at how this “New Economy” will affect your job prospects, investment strategies, retirement plans, personal finance. We are in an entirely new phase of our economic progress reinforced by a new administration coming into office. It will be exciting to some and of concern to others. But we all must understand it and use it to our advantage. — Leo Cecchini (Ethiopia 1962–64) Sun, 19 May 2013 04:58:01 +0000 http://wordpress.org/?v=2.7 hourly 1 By: Leo Cecchini http://peacecorpsworldwide.org/new-economy/2012/12/01/us-economy-to-take-swan-dive/comment-page-1/#comment-480 Leo Cecchini Mon, 03 Dec 2012 19:08:22 +0000 http://peacecorpsworldwide.org/new-economy/2012/12/01/us-economy-to-take-swan-dive/#comment-480 I have slopped at the public trough for 50 years and will do so to the end. My mother is dead. I have slopped at the public trough for 50 years and will do so to the end. My mother is dead.

]]> By: havmir http://peacecorpsworldwide.org/new-economy/2012/12/01/us-economy-to-take-swan-dive/comment-page-1/#comment-479 havmir Mon, 03 Dec 2012 18:50:15 +0000 http://peacecorpsworldwide.org/new-economy/2012/12/01/us-economy-to-take-swan-dive/#comment-479 Wait until you have your snoot in the Social Security and Medicare trough. Or your mother ends up in a nursing home on Medicaid. I posit you won't be thanking god so much when you and yours collect drastically reduced benefits. Wait until you have your snoot in the Social Security and Medicare trough. Or your mother ends up in a nursing home on Medicaid. I posit you won’t be thanking god so much when you and yours collect drastically reduced benefits.

]]> By: David Searles http://peacecorpsworldwide.org/new-economy/2012/12/01/us-economy-to-take-swan-dive/comment-page-1/#comment-478 David Searles Mon, 03 Dec 2012 01:19:02 +0000 http://peacecorpsworldwide.org/new-economy/2012/12/01/us-economy-to-take-swan-dive/#comment-478 I think you are too early in assuming that the primatives in DC will do nothing to fix the 'cliff' problem. Surely, even those people will do the right thing and settle this whole sorry affair. What a mess! I think you are too early in assuming that the primatives in DC will do nothing to fix the ‘cliff’ problem. Surely, even those people will do the right thing and settle this whole sorry affair. What a mess!

]]> By: Joey http://peacecorpsworldwide.org/new-economy/2012/12/01/us-economy-to-take-swan-dive/comment-page-1/#comment-477 Joey Sat, 01 Dec 2012 22:13:53 +0000 http://peacecorpsworldwide.org/new-economy/2012/12/01/us-economy-to-take-swan-dive/#comment-477 Leo, May I recommend a book for you: "Conjectures of a guilty bystander" by Thomas Merton Leo,

May I recommend a book for you:
“Conjectures of a guilty bystander” by Thomas Merton

]]> By: Leo Cecchini http://peacecorpsworldwide.org/new-economy/2012/12/01/us-economy-to-take-swan-dive/comment-page-1/#comment-476 Leo Cecchini Sat, 01 Dec 2012 20:22:38 +0000 http://peacecorpsworldwide.org/new-economy/2012/12/01/us-economy-to-take-swan-dive/#comment-476 Joey. I am an observer, no longer a participant. Joey. I am an observer, no longer a participant.

]]> By: Joey http://peacecorpsworldwide.org/new-economy/2012/12/01/us-economy-to-take-swan-dive/comment-page-1/#comment-475 Joey Sat, 01 Dec 2012 19:08:43 +0000 http://peacecorpsworldwide.org/new-economy/2012/12/01/us-economy-to-take-swan-dive/#comment-475 "It looks like we are set for some more drama and heathbreak in our economy. Plenty of new grist for my blogs." Your blog remark reminds me of how ashamed I am still, fifty years later, of a comment I made to a wonderful woman in my Peace Corps site. She had seven children and her husband was a sometime porter up by the bus stop. His activity was limited by a club foot. She came to me, in anguish. She has discovered that she was pregnant with her eighth child. Her immediate problem was that she had to wean the child at breast and was not sure how she would be able to feed him. My empathetic response? "Good, I said. "Now you can come to my pre-natal class. I really need people." “It looks like we are set for some more drama and heathbreak in our economy. Plenty of new grist for my blogs.”

Your blog remark reminds me of how ashamed I am still, fifty years later, of a comment I made to a wonderful woman in my Peace Corps site.
She had seven children and her husband was a sometime porter up by the bus stop. His activity was limited by a club foot. She came to me, in anguish. She has discovered that she was pregnant with her eighth child. Her immediate problem was that she had to wean the child at breast and was not sure how she would be able to feed him.

My empathetic response? “Good, I said. “Now you can come to my pre-natal class. I really need people.”

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