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	<title>Fobulicious &#187; citigroup</title>
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		<title>Should I be freaking out?</title>
		<link>http://fobulicious.com/2008/11/should-i-be-freaking-out/</link>
		<comments>http://fobulicious.com/2008/11/should-i-be-freaking-out/#comments</comments>
		<pubDate>Mon, 24 Nov 2008 15:13:46 +0000</pubDate>
		<dc:creator>Louise</dc:creator>
				<category><![CDATA[Blog-related]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[citigroup]]></category>
		<category><![CDATA[economy]]></category>
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		<guid isPermaLink="false">http://fobulicious.com/?p=76</guid>
		<description><![CDATA[We all know that the economy&#8217;s tanking and we&#8217;re all going to hell. The American financial sector has been, for lack of a better term, totally PWNED (by itself), and its repercussions have been felt across the globe. Last week, Citigroup slashed 50,000 jobs, which is freakin&#8217; insane. FIFTY THOUSAND!! And today they&#8217;ve got a [...]]]></description>
			<content:encoded><![CDATA[<p>We all know that the economy&#8217;s tanking <span style="text-decoration: line-through;">and we&#8217;re all going to hell</span>. The American financial sector has been, for lack of a better term, totally PWNED (by itself), and its repercussions have been felt across the globe. Last week, <a href="http://money.cnn.com/2008/11/17/news/companies/citigroup/?postversion=2008111708" target="_blank">Citigroup slashed 50,000 jobs</a>, which is freakin&#8217; insane. FIFTY THOUSAND!! And today they&#8217;ve got a <a href="http://money.cnn.com/2008/11/24/markets/stockswatch/index.htm" target="_blank">bailout</a> on the way. Even with all these government injections, we&#8217;re not going to be seeing a recovery anytime in the near future.</p>
<p>As a student, I haven&#8217;t experienced any direct negative impact just yet. I still have my co-op job, and despite being a bit busier than usual at work, life goes on as always. I still have two years of school before being thrown into the workforce. Therefore I haven&#8217;t really thought about what I would do if I actually can&#8217;t find a decent job at graduation. I&#8217;ve always just kind of taken a &#8220;things will turn out alright&#8221; approach to life.</p>
<p>That being said, is it time to worry? Are you worried? About your job, your finances&#8230;etc? Should I be questioning my future, flailing my arms, and having panic attacks? Is it time for me to accept the reality?</p>
<p>On another (less desolate) note, you might have noticed a layout change. I think this one&#8217;s much more functional, and it saves an extra click on the first page because it displays full posts. I made some minor tweaks, including making the text area wider, so apologies to you all with the archaic 800&#215;600 resolutions :P</p>
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