Wow. I’m not sure how I feel about that.
Read about it HERE.
As much as I would like people to buy our coffee and brew at home, a 97% drop in net income is astounding. Granted, that included some extraordinary charges, but even excluding one time pops they missed by three cents. If ever there was a doubt that people are in a funk over this economy, doubt no more.
I’ve devised my own strategy for dealing with this climate. I’m not going to worry about things I can’t control. I’m still invested for the long term, and my portfolio is full of what I think are sound investments (including my own business), so I’m not going to monitor things more than quarterly. I’m also giving up reading the newspaper – nothing there but bad news. It would be good for the planet, too, if I stopped getting the paper, but the family uses it for local stuff, and I like having it around for packaging material and to compost. And no more television. I don’t have time for it anyway. More sleep.
What’s your strategy for dealing with the current economy?