Mish on the effect of the recession at home

I’m a big fan of Mish’s Global Economic Trend Analysis and count it among the sites I read on a daily basis, without exception.  He provides a very somber (or, at times, very pessimistic) view of our current economic situation as well as the ability of those in power as well as technical economic and market analysis.  It is very rare to see him touch on the social and, dare I say, emotional aspects of economics.

He makes a welcome departure with this recent post about the effect the failing economy has on those contemplating the expensive act of divorce, and those faced with choosing between the necessities of modern life and caring for their pets.

The stories he cites make for interesting news, and are very sad to hear, but the impact comes when he ties the small tragedies together at the end.  These are certainly hard times for families, forced to come to terms with the unrealistic expectations of America, where everyone can be rich (or, if they’re not yet, should at least should spend like they will be soon).  When millions more are ending up unemployed, we must remember that there are millions of families, and millions of children, and millions of marriages, and millions of once loved, but now burdensome pets that will be the first to suffer the full brunt of the economic downturn.

… and the cow goes moo