With news like this, I’m considering leaving my retirement investment statements unopened.
After seeing my monthly investment losses of $2,000 and more, and with the stock market still sliding ever more downward, there’s no point freaking about money lost that I won’t even touch decades later. I figure, if the money’s there, the money’s there. And — eventually — this horrible bearish/ recession/ depression/ deflation/ stagnation/ what-have-you market will turn around one of these days, if history is any harbinger of what’s to come.
Until then — gotta pay off that car note (JP Morgan Chase), mortage (Wells Fargo), and student loans (Department of Education and Sallie Mae) and hope none of these institutions fail! 🙂