{"id":227,"date":"2008-09-18T09:54:33","date_gmt":"2008-09-18T17:54:33","guid":{"rendered":"http:\/\/www.codebelay.com\/blog\/?p=227"},"modified":"2008-09-18T09:58:03","modified_gmt":"2008-09-18T17:58:03","slug":"how-will-the-worlds-financial-crisis-affect-web-20","status":"publish","type":"post","link":"https:\/\/www.codebelay.com\/blog\/2008\/09\/18\/how-will-the-worlds-financial-crisis-affect-web-20\/","title":{"rendered":"How Will the World&#8217;s Financial Crisis Affect Web 2.0?"},"content":{"rendered":"<p>During the last tech down turn, I was unemployed for about a year and ate into most of my savings. The first job I was able to get was stacking candles at a store for minimum wage. I had a lot of trouble making ends meet, and often spent nights worrying if I would make rent. I swore to myself that I&#8217;d never be in such bad shape again.<\/p>\n<p>In 2003, my poverty was something I&#8217;d like to believe I chose, and romanticized, perhaps because it wasn&#8217;t hardcore poverty. I knew others who fared worse, who never enjoyed the first dot-com gravy train, or who had bought homes in 1999 thinking that they&#8217;d always make $80,000 a year as a secretary. I made half that as a coder in 1999 because I didn&#8217;t believe it was right to make that much. Now, I&#8217;ve tossed that idealism aside and really am out there to make as much as I can get.<\/p>\n<p>It&#8217;s 2008, and I see that the douche bags of Wall Street through their greed have managed to get my attention in the form of a world financial crisis. I see that most Americans by not saving have also created a mole hill out of things. I see that we cannot believe in an economic system of rational agents because now we are not.<\/p>\n<p>The big take away is to save, save, save.<\/p>\n<p>Just like in Fight Club, the things you&#8217;ve owned are now owning you.<\/p>\n<p><b>The big question: How Will the World&#8217;s Financial Crisis Affect Web 2.0?<\/b><\/p>\n<p>In what structured ways will the world around us crumble?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>How Will the World&#8217;s Financial Crisis Affect Web 2.0?<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-227","post","type-post","status-publish","format-standard","hentry","category-techbiz"],"_links":{"self":[{"href":"https:\/\/www.codebelay.com\/blog\/wp-json\/wp\/v2\/posts\/227","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.codebelay.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.codebelay.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.codebelay.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.codebelay.com\/blog\/wp-json\/wp\/v2\/comments?post=227"}],"version-history":[{"count":0,"href":"https:\/\/www.codebelay.com\/blog\/wp-json\/wp\/v2\/posts\/227\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.codebelay.com\/blog\/wp-json\/wp\/v2\/media?parent=227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.codebelay.com\/blog\/wp-json\/wp\/v2\/categories?post=227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.codebelay.com\/blog\/wp-json\/wp\/v2\/tags?post=227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}