there was an ad on TV. Two women were approaching a grocery store and one of them exclaims “Oh look, bologna is on sale!” and there was a close up of one of those huge supermarket signs they hang on the window and it said “bologna $15.00 lb”.
I don’t remember what the actual ad was for, but obviously that bit stuck with me. I think because I thought it was patently ridiculous, even at the young age I was then, that bologna would ever be that expensive.
I can’t seem to find a current price for bologna online (and its not something you can get here in the UK, apparently) but I doubt it is $15.00 lb. But I no longer think the future possibility is quite so ridiculous.
I have friends all over the world, thanks to the Internet. And all over the world my friend’s banks are going belly up. Iceland, Luxemburg, United States, the same story is happening over and over again.
And what are we learning? That the CEOs of these banks didn’t make $480m a year plus stock options, but $60m a year plus $250m in stock options. Are you friggin’ kidding me?!?!?!
Everyone says that the ’80s was a greed decade. I think we just surpassed that.
And personally, I am eternally grateful that Simon and I do not have a mortgage. Or, really, any significant debt. So we’ll be fine.
But I am worried about the rest of the world.
I’m worrying with you:)