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I supposed when I quit my job last year around Oct, I didn't think the econ was going to be this bad. Unemployment is still rising (I am referring to the States), fast approaching 10%, and in some States it has already reached 11%, and we are talking about millions of people here, some barely have enough money to survive beyond 3 months (thanks to bad financial education and credit cards).. What to do, what to do.

The interesting fact is.. The last time the world econ was in such bad shape was probably 1929 (and let's not talk about that since it's before I was even born), so the closest would be year 1987. Very similar scenarios, bailouts (Citibank was bailout then, they're being bailed out again this time round, time has changed nothing and we've learnt little huh?) credit crunches and unemployment..

The notable difference to me between now and then.. is the emerging of the dot.com industries, which pretty much revolutionized the many things we do today, you know... better faster hardwares and softwares, dot.com, the silicon valleys etc. The emerging of big names we know today like Yahoo, Google, Ebay, Amazon.. etc.

The creation of a new industry (in this instant dot.coms) which started probably 1994 (right after the 1987 crash) has pretty much resolved much of the unemployment issues. What goes with that? With employment there's income, there's demand for new offices, luxury items, business travels etc etc etc.

But now.. I wonder if the new proclaimed industry is going to resolve the unemployment issue, so we can party like it's 1994 and get ourselves out of this mess, so I can at least fudge my CV a little and get to where I wanted to be (Thanks to Bush! *shakes fist!*)

Is Healthcare and Green Industries really our next hope?