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What we have learned is, life goes on. People who bought before the bubble started - status quo, though life could be better. People who bought at the top - sux to be them People who bought at the bottom after the crash - life is ok.
Good mentality. You must be in your 30s i guess. I hope my Dad had that type of mentality when the Euro crisis happened a few years back then.
Nah I'm in my mid 40s.... Graduated Uni in 94 in Sydney with high youth unemployment, got a job in US tech start up, saved a bit got paid 75% of my salary in stock options, survived the Dot Boom crash. Came back for a job in IT in Sydney... What I have learned about recessions is that it is an opportunity to double or triple your wealth.