So when will I start feeling the effects of the World Wide Crysis

**Clouse123456** · November 24, 2008, 10:23 PM

I am only 20 years old.Apart from food prices gradually rising throughout my life time which isnt bad but could seen as natural.When will I start living out this depression?I am going to school still and planning to become some millionare someday.

**James Cook** · November 25, 2008, 12:10 AM

based on the info, you will probaly not fell anything
You are years a way from retirement and you have
no house to pay for, and probaly no money investet
in stocks
and if your bank are going down the gov will secure
your money (the gov where i live will do that for private ppl)

**Strattios** · November 25, 2008, 12:17 AM

As soon as you breach $250,000 in income (before any expenses). Then you'll go weeping to your mommy that it isn't fair that the governmetn is taking 70% of your money.

**Viking Prince** · November 25, 2008, 01:08 AM

I do not know how you are being supported in the life as a student. I do know that many students will be feeling the effects of the recession (depression needs more quarters) come next year. I am aware of a few private schools budgets and they are already assuming freshmen admissions to be down 5+%. Juniors and Seniors with school aid are probably ok to finish, but the aid may be pulled on the marginal performing freshmen and sophmores as standards are tighened up. If you are going to a publicly funded institution or have wealth/parents that will continue to back you -- congradulations.

**The Dude** · November 25, 2008, 02:00 AM

The Crysis? Probably never. There are no alien bases underneath the earth and our islands are not encased in big icy spheres yet.

When men with funky nanosuits start using your dorm room as a bunker against north korean tanks, then the Crysis is on.

**jrs90** · November 25, 2008, 03:09 AM

Originally Posted by The Dude

The Crysis? Probably never. There are no alien bases underneath the earth and our islands are not encased in big icy spheres yet.

When men with funky nanosuits start using your dorm room as a bunker against north korean tanks, then the Crysis is on.

nice

Don't forget to look out for freeze rays!

**Gelgoog** · November 25, 2008, 12:15 PM

the above posts are correct. Your unlikely to feel much pain, because you have nothing invested, so nothing to lose. Housing prices are way down making it much easier for you to buy a house when the time comes, but you also wont get those rediculously low intrest loans. one of the outcomes of the current debaccle is that there is massive de-inflation of the economy. manufacterers are sitting on huge inventories and stopping production because people are bailing out of contracts left and right ( or waiting to pay half what they would have in their contract) and manufacterers are not buying raw resources either, so whats happening is a system wide slow down and drop in the price of everything. this essentially causes large unemployment which means when you do graduate, you will likely be underemployed ( meaning you can't find a job to fit your qualifications so you have to settle for something less).

all in all those of us just entering the professional job market wont likely feel the sting nearly as much as our parents.

**chamaeleo** · November 25, 2008, 01:02 PM

Expect tuition to rise, course offerings to diminish, jobs become more scarce, smaller to nonexistent raises...beyond that, I don't know enough about your situation to guess at other immediate effects. If you're independent, you'll feel it, but at least you have no family responsibilities and I assume you're healthy enough to not worry about health care just yet. If your parents are still subsidizing you, you'll prolly just have to hear more :wub:ing about economic conditions...unless they get laid off, anyway!

**Gelgoog** · November 25, 2008, 04:05 PM

tuition should actually go down because less people can get student loans. tuition has been very high for a while because of cheap loans meaning a buttload of people went.

**Bovril** · November 25, 2008, 08:01 PM

You are going to graduate into a depression (like me). That means you will have to be very lucky to get onto a career track that will end up with you making lots of money. Luckily for me I gave up on the idea of making lots of money long ago, but since it's your stated goal, I can only wish you good luck.

**AqD** · November 26, 2008, 01:44 AM

Originally Posted by Clouse123456

I am only 20 years old.Apart from food prices gradually rising throughout my life time which isnt bad but could seen as natural.When will I start living out this depression?I am going to school still and planning to become some millionare someday.

We already got some depression here....

**Musthavename** · November 26, 2008, 02:57 AM

As an undergraduate right now, i'm only really worried about how sensitive the job market will be in another 3 years, considering as a Math's graduate, the financial sector isn't looking to promising now.

Apart from my savings getting crapped on, everythings going alright at the moment!

**Viking Prince** · November 26, 2008, 03:08 AM

Originally Posted by Musthavename

As an undergraduate right now, i'm only really worried about how sensitive the job market will be in another 3 years, considering as a Math's graduate, the financial sector isn't looking to promising now.

Apart from my savings getting crapped on, everythings going alright at the moment!

If you are a math's undergraduate -- stay for the MS at least -- probably can start adding two appropriate classes in senior year if you are at a university.

Good luck to you.