OPINION: Depression and Depression
One facet of our “new economic reality” (what will it be called someday – the Great Collapse?) that warrants some thinking about is the emotional/spiritual side of this kind of loss. It’s been less than six months since the market took its historic plunge and the bailouts began, and most of us have been in a “wait and see” mode. But lately, I am hearing more and more about the repercussions of having the rug pulled out from under one – whether from young people who are about to graduate from college or from older ones who have seen their retirement money suddenly reduced by half.