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Me personally:
More competition for jobs as older people are coming out of retirement because they have lost the bounty of their hard work.
No chance of an early retirement.
Chance of losing my job as management chases any possible profit.
Stress at work as management does more with less manpower.
Loss of any vacation because I am/will be doing the job of 5 all by myself.
Loss of profit sharing as their is very little if at all.
It takes time to recover. Unfortunately many people are lacking the time to wait out the markets. There is no confidence in the markets. Too many people have too much debt and have decided to pay off debt instead of investing. I will be buying land. At least they can spread my ashes on it.
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Back button again, I must be getting old.
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