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When I read this article, I can't help but hear it in Hungry Joe's voice...
edited April 2008
is about Gen Xers and Gen Yers down on their luck.
All I can say is that if you are looking to be out of money after only a month or two of unemployment you have been living too high on the hog. A standard financial practice is to keep six months of income in a liquid form in case you lose your job. Besides, no job means no driving, right? There is a big savings right there!
The last 12 years have been boom time. A period of recession is far overdue. We are not headed for a depression but troubles are on the horizon. Don't hold your breath for a CEO to say, "Hmm... this 150 million dollar paycheck is just too big, why not just pay me 15 million?" As nice as it would be to hear those words I don't think the types of people who become CEOs think they can ever have enough money.
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