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Are you scared yet?
October 8th, 2008 by Chris De La Rosa
Visited 14 times, 1 so far today

I’ve been watching all the economic news coming out of the US the past few weeks with great interest, since the majority of people I interact with online are US based. Heck, the PPC campaigns I run are targeted at US consumers and I get paid in US dollars. I recall a couple years ago when I would get $1.58 Canadian for every US dollar I cashed in at the bank. Ahh the good ole days! Now I barely get $1.03. Eight months ago I was getting less than 95cents for a US dollar.

I wasn’t really bothered by all the news I was seeing on tv and reading online, since I’m based in Canada and things didn’t seem as gloom. Plus, with the bailout package the US federal Gov’t pushed through, I’m under the impression that things will smooth over in a few months.

As I drove Kieana to school this morning I took my attention away from all the nut-case high school kids who seems to think the entire street is theirs and noticed something. The 5 minute drive to her school and back, I counted over 9 homes for sale. We’ve lived in this area for about 5 years now and the most “for sale” signs we’ve ever seen at one time is probably 2 or 3. Not only that, but once a for sale sign goes up, it’s usually down in less than a week. That’s when I started to think. The house we saw for sale a few blocks over that we wanted to put an offer in for in the early part of the summer, is still listed for sale. Wish I could go in with a low-ball offer now :)

I know where my cousin works (trucking company) they’ve had to restructure and let people go and most days where my dad works, they’re sent home early. Yes this recession talk is REAL and very scary! But it seems that many Canadians are not paying attention. We stopped in at Ikea on Saturday on our way to Toronto and it was a battle trying to find a parking spot. And once inside it was a friggin zoo.

Well, I’ll keep pushing the affiliate networks I promote and try to better manage our spending and use of the mighty Visa and Master card! what changes are you making? Are you even concerned about what’s happening around us? Leave me your comments.

This entry was posted on Wednesday, October 8th, 2008 at 1:50 pm and is filed under work from home wednesday. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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