We havent scratched the surface for getting bad for joe blow. Sure there has been some job lay offs and many have lost a fair chunk of their super but the pain hasnt begun.
If people think that this is as bad as its going to get you have a rude awakaning coming.
Prepare for lower wages/shorter hours if you can even keep your job.
Give it nine months...you aint seen nothing yet.
PS I have gone aggresively short the index today...am looking for around a 20% move to the next levels down and see where we go from there.
