There is a well defined process that people use when dealing with the loss of someone or something that is near and dear to us. In this case I'm talking about the sense of loss that many people are feeling regarding the financial crisis that is facing the country. This isn't just a psycholgical loss, this is going to be a loss in tangible assets to a great many people.
Stages of Grieving:
- Denial: It's hard to get the entire country moving at the same pace. Some people are still in denial about what's happening but for the most part the public has moved past this stage pretty quick.
- Anger: This is where I think we're having the most problem. The American public is still here while the politicians have moved beyond this stage. We are furious and we are furious at the people who let this happen. Some judgements are being made about who we're furious at but for the most part we really don't know yet. This disconnect between the public and the politicians is dangerous.
- Bargaining: This is where out politicians are and I think they're out of sync with their constituents. We're still in the anger phase and getting angrier by the minute.
- Depression: This stage is going to get scary in the next couple of weeks as what's happened really sinks in to the American public. A lot of people will be walking around numb about what is happening to their lives. What do you think is going to happen at the end of the month when the 401K statements hit the mail. Borrowing to purchase a house, car, etc. is going to get much tougher and the outcome of that will have serious ramifications on the entire economy for years to come.
- Acceptance: Yes, eventually we will accept our fate and move on. We're not going to like a lot of what was negotiated, we're still going to be angry, some are still going to be depressed, but we will move on nonetheless. It's going to be interesting to see how quickly, or not, the public will move to this phase. We're being bullied by the people that got us into this mess in the first place that we have to get here in a matter of hours or days.
The stages of grieving are going on right now for the entire American public. We're being dragged along to an uncertain future by people we voted into office...and Presidential politics.
Rich Iarossi is a full time licensed REALTOR®, working in Crofton, MD. My coverage areas are: Anne Arundel, Prince George’s, Howard, Calvert, Queen Anne, and Baltimore City and County. I specialize in residential real estate, working with both buyers and sellers. Use the registration free search on my website at www.RichSellsHomes.com. If you’re not already working with a REALTOR®...I can help. Call me at 443-995-9595 (Cell) or 410-451-6255 (Office).
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Great post.
Yes Richard; We must not get bogged down playing the victim here. It's okay to get angry and let off some steam, but we must figure out what we each can do to move in a forward direction. We will keep our heads above water. Our circumstances are the results of the consequences from the actions of the greedy and selfish. Lets try to learn from it this time.
The horse is out of the barn. All we can really control is the now.
Rob and Jeannie: It's OK to be angry but I agree with you. Playing the victim serves no purpose.
I hope that enough people get mad enough to do something about the situation and make sure that this doesn't happen again. ~ Evelyn