GoodnessGenomics & Cell Recycling

æ ∞ -æ, a hot new concept in cell biology & the emerging lyfe extension industry (an equation based on balance)

3/2/09

economix

... one of my biggest faults is my complete failure to grasp business and economics, and since I'm self aware I often speak of these problems. I'm not enterprising at all, although I should be, and I want to be. Just like most people, nothing in my life is set at that this point, and it's impossible to feel secure, or "in your natural state" when basically nothing in your life is how you want it to be. With that being said, I should also say I'm grateful to have a job, since the world job market is going through such unprecedented lows.

As a result, I've been trying to pay attention to things I really don't care about, and in fact don't like- business and economic news. What used to look like impossible to decipher number/letter hybrids now mean something to me, and I have been watching the news more, although the news is endlessly depressing, and inevitably obsolete the very next day.

Anyways, I'm trying to focus on positive things, and an economist on tv last night explained the current economic crisis in a "nicer way" basically, that the observed effect means that there's a price drop, but that everyone will be making less money. It's not like the way I get information is from the tv, and I totally don't watch it every single spare second that I possibly can ;)

Apparently, the united states borrowed it way out of recession in past recessions, but this time widespread price drops are going to be the dominant themes. Hopefully, political actors can act in time to make sure the united states doesn't get as ghetto as China. Why does the government and economy have to be so intertwined?

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