Saturday, October 4, 2008

Financial Panic

I don't think I had made this clear in the past, but our little house project has been self-financed through savings, no credit worries here. In fact, I'm probably better off then if I had left that house-building money in the bank, or perish forbid, in stocks.

In fact, if things get worse, I could add an energy ball or two, grow some vegetables, and shoot a moose. Then I can live off the grid, as they say.

In all seriousness, Sweden was in a very similar financial position in 1992. The New York Times has a great article on how Swedes reacted to their crisis.

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