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The Financial Crisis - Why Did I Write This?

I've had a bunch of writings based on finances over the last couple weeks, and I've tried to spread them out so as not to overwhlem or bore people. Some people don't care and others are so deep they probably think I'm not looking at it enough. And this isn't a financial site.

In any case, my wife and I have talked about it, and we've been watching things. I haven't been too worried since we have a lot of time, but I've talked with friends about it, and they are of mixed opinions. It was during one of these conversations that got me wondering about the tech world and the impact. So I was curious how many people think they affected, are are really affected. If you carry consumer debt, then it might be an issue, or if you have an ARM on your house.

I'm actually wondering what most of my audience thinks about it from people in my field, people that work for a living and are somewhat counting on fund managers and companies to take care of them. 

Why did I write this? I got challenged by Andy Warren to write a bit about why I wrote something. I complained to him that he has some "mechanical" posts on this blog that just mention he wrote something with some questions, and don't really blog about why he wrote something. He challenged me to write about why I wrote something, so here I am. 

The Voice of the DBA

Steve Jones is the editor of SQLServerCentral.com and visits a wide variety of data related topics in his daily editorial. Steve has spent years working as a DBA and general purpose Windows administrator, primarily working with SQL Server since it was ported from Sybase in 1990. You can follow Steve on Twitter at twitter.com/way0utwest


Posted by smorgan on 23 October 2008

I'm more concerned with the credit crunch's impact on the job situation over the next, say 12 months.  My company is feeling it.  We had layoffs in 2007 (2 rounds of about 10% each) and another this year.  Merrill Lynch is being bought by Bank of America, thus elminate redundancy.  Others nationally are going under.  Their IT departments are bound to cut jobs.  I'm less concerned (a little) about my 401k since I'll have it for much longer than a year or two.  I don't know about my job.

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