Originally Posted by Content Writers Inc

While it is bad and getting worse, you're totally right - I think the "doom and gloom" scenario isn't quite as bad for 90% of the population as the sensationalist news would have us think.

As someone above pointed out, it's a normal - albeit quite drastic - market stabilization countering the madness that occurred until the fit hit the shan.

I distinctly remember talking to a friend from college in 2005 that was telling me how "crazy" I was "doing the whole internet thing" while he was "playing it safe" by getting married, buying a 3,000 sq ft house, and settling into his "safe" career as a mortgage broker. Needless to say, I've helped float him more than once since then and he and his wife are acclimating to their apartment just fine these days.