That’s according to leading economists.1

Well good riddance.

The majority of Americans have been living like kings at the cost of other fellow Americans, and the rest of the world in general, for far too long. Step out of your Hummer that you park in your 4 car garage and go live in a box for a while you fucking arrogant pricks.

For the record, I, along with many other responsible Americans, live a fine life WITHIN our means. Generally, that makes us better prepared for tough economic times, when insanely inflated senses of worth get hammered out.

Maybe some of us will finally learn the lesson that life isn’t all about “me”.

It’s about “us”. The world is not a bunch of individuals, it is a community, and hopefully this meltdown will help us start acting like one.

1. http://finance.yahoo.com/tech-ticker/article/176478/%22Worst-Is-Yet-to-Come%22-Americans%27-Standard-of-Living-Permanently-Changed?tickers=WMT,WFMI,FDO,^GSPC,^DJI,RTH