What Most Concerns You About The Current Economic Crisis?

[David In Indy]

There are so many concerns aren't there? So many different things COULD happen. I have listed 6 of them but there are many more. What concerns you the most?

Feel free to gripe and vent here if you wish. We are all friends and perhaps we can help each other. These are scary times right now for everyone.

My main concerns right now is my job, and a potential global recession which I think is probably unavoidable at this point. Hopefully it won't be as bad as some are predicting. I'm not worried too much about doom and gloom at this point though. But some of you may disagree with me.

[Kerry]

I'm a government employee, so I'm not overly concerned about my job security. And I've never been into playing the stock market. Well not entirely, anyway. I have approx 1,000 shares in one company only. I hope they're okay.

I was talking to a friend last Wednesday, who told me that a mutual acquaintance, here in Sydney, has lost approx $800,000 on the stock market.

My major concern is the value of my superannuation. I have been employed by the same employer for nearly 29 years and plan on cashing-in my superannuation at the end of 2010. I hope everything will have steadied by then. Every week, for the past 29 years, I have been contributing 9% of my salary to my superannuation fund. My employer matches that by a further 6%. This combined 15% is invested by my superannuation fund both here and overseas. It's a government fund and they invest cautiously, so I hope my investment will be safe. I guess I'll find out in 2010!
     

[optom3]

I have so many fears it is actually quite difficult keeping a lid on them. We have already had my husbands pension scheme go bust after 20 plus years of contributions. We moved here to start again, and I am scared witless that the business will go bankrupt, because if it does, not only will we lose absoloutely everything, but we will be thrown out of the country as well. No business, no Visa.
It is a wave of fear that almost paralyses me.$1.7 million in business and house down the pan and back to England in a recession there, but with no house or jobs.

I am having to literally go hour to hour never mind day to day. Each day we open for business is a another one less to worry about.  I am also having to cope with borrowing money from my parents, which is hard at my age. It means they are now worried about us all as well.

In fact I am just one big worry, full stop.  It gets very wearisome sometmes.Lurching from all the crisis with my son, stop, draw breath and now this. I just want some peace, for a little while !!!

[Kerry]

I'm so sorry to hear that, Fiona. I hope everything turns out okay for you in the long run.

[Front-Ranger]

I am most worried about my friends, especially those who are in poor health, unemployed, or overspent. Compared to the problems of some of my friends, I have nothing to worry about really.

[injest]

there is no option for: I am not overly concerned...

[Lynne]

I am going to wait awhile to vote.

I do not fully understand the present crisis, and I understand even less about how the bailout package is supposed to alleviate anything in all but the short term.

My main economic concern is related to Americans being able to compete effectively in a global economy, particularly with China and the Pacific Rim).  I believe all indicators put our children woefully behind in math and sciences, which leads to being less able to compete in technology.

But to me, this is a social problem.  Our way of education needs to be revamped.  I do not see an easy way to do that without a major shift away from an 'American' lifestle.  Call me an alarmist, but I believe that after only 200+ years, we are seeing the beginning of our own decline without some drastic changes or interventions.

[Artiste]

Certainly The Current Economic Crisis is  social problem(s).

It is also much more.

For instance since credit cards cos. have lost, a person (some it is said) who paid regularly the mortage and still does and could, he or she will be without a house.  We know that half of credit cards are owned by criminals (some of whom stole them or made some), but why should a decent person, citizen in North America pay for those criminals, by the lost of his/her property and house ?

Did you hear?

Au revoir,
hugs!

[HerrKaiser]

Of the few who voted, the majority checked "other", as I did.

What is missing from the list the concern that the governement, particularly if BO wins, will force the nation toward greater socialism if not worse. the democrats believe that the government, rather than individuals, solves problems big and small.

In teh interview with Bill OReilley, BO stated "the peole want a president who solves their problems". He may speak for some, but the majority of Americans do not feel that way at all. That BO believes this to be the case is a major cause for concern; he really does not know this country. His limited experiences may lead him to make such an absurd proclamation, and his lack of experience in matters that affect the vastness of the population only will serve him poorly should he win. And, his repetitiive answers to most economic ills is more socialist programs.

The more we move toward widespread socialism or communism, the more the question list becomes a mute set of points. You can forget about bank accounts, home equity, stock portfolios, etc. Just look to papa Obama for all your needs.

[delalluvia]

I am one of the working poor, with no investments nor 401K, no home, so the only thing that worries me is the owner of my company - it is a private company - and I daresay he is wealthy, has investments, multiple properties, 401K retirement and who knows what all other tax shelters?

The fact he might go under and cash out his company to save himself is worrisome, dumping us all on the job market when things are so tight.