Comments on: My Lucky Recession http://www.ottsworld.com/blogs/my-lucky-recession/ Travels and Life Experiences of a Corporate American Runaway Tue, 07 Feb 2012 13:31:25 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: | Acneguy http://www.ottsworld.com/blogs/my-lucky-recession/comment-page-1/#comment-3459 | Acneguy Tue, 05 Jan 2010 16:25:05 +0000 http://www.ottsworld.com/?p=2508#comment-3459 I think we are also seeing some signs of recovery from the Economic Recession. Of course, we have no idea of how long it will take to completely recover, but some say it’s going to be longer than for the other recessions in decades. I also scanned an article yesterday that said business owners need a new set of tactics to do well during recovery. I think we are also seeing some signs of recovery from the Economic Recession. Of course, we have no idea of how long it will take to completely recover, but some say it’s going to be longer than for the other recessions in decades. I also scanned an article yesterday that said business owners need a new set of tactics to do well during recovery.

]]> By: Cameron258 http://www.ottsworld.com/blogs/my-lucky-recession/comment-page-1/#comment-3346 Cameron258 Tue, 29 Dec 2009 09:10:17 +0000 http://www.ottsworld.com/?p=2508#comment-3346 Our country had been so much affected by this Economic Recession. there are lots of job cuts and company shutdowns. We are seeing some signs of economic recovery right now and we hope that it would continue. ***** Our country had been so much affected by this Economic Recession. there are lots of job cuts and company shutdowns. We are seeing some signs of economic recovery right now and we hope that it would continue.
*****

]]> By: Janet Reyen http://www.ottsworld.com/blogs/my-lucky-recession/comment-page-1/#comment-3179 Janet Reyen Tue, 08 Dec 2009 09:34:56 +0000 http://www.ottsworld.com/?p=2508#comment-3179 Our country was also hit hard by the Economic Recession. At least we are seeing some signs of economic recovery now. I hope that we could recover soon from this recession. Our country was also hit hard by the Economic Recession. At least we are seeing some signs of economic recovery now. I hope that we could recover soon from this recession.

]]> By: Chris http://www.ottsworld.com/blogs/my-lucky-recession/comment-page-1/#comment-1199 Chris Mon, 16 Mar 2009 20:27:09 +0000 http://www.ottsworld.com/?p=2508#comment-1199 I want to come visit you on the otherside of the world, and not worry about my mortgage, stock prices and my desk job... :) I want to come visit you on the otherside of the world, and not worry about my mortgage, stock prices and my desk job… :)

]]> By: Sarah N http://www.ottsworld.com/blogs/my-lucky-recession/comment-page-1/#comment-1161 Sarah N Wed, 04 Mar 2009 18:29:37 +0000 http://www.ottsworld.com/?p=2508#comment-1161 Sherry - I just decided to catch up on your blog & really appreciate your sentiment here. Even for those of us back in the US, the reminder that possessions aren't what make our lives is a good one right now. I, too, feel lucky to be not married, no kids, no house & happy to have one pair of Uggs last me at least two MN winters! Poor & Independent can be a great combo. Who knew? Sarah Sherry – I just decided to catch up on your blog & really appreciate your sentiment here. Even for those of us back in the US, the reminder that possessions aren’t what make our lives is a good one right now. I, too, feel lucky to be not married, no kids, no house & happy to have one pair of Uggs last me at least two MN winters! Poor & Independent can be a great combo. Who knew?

Sarah

]]> By: Sherry Ott http://www.ottsworld.com/blogs/my-lucky-recession/comment-page-1/#comment-1140 Sherry Ott Sat, 28 Feb 2009 08:44:36 +0000 http://www.ottsworld.com/?p=2508#comment-1140 Thanks Carlye - I needed that. Thanks Carlye – I needed that.

]]> By: Sherry Ott http://www.ottsworld.com/blogs/my-lucky-recession/comment-page-1/#comment-1139 Sherry Ott Sat, 28 Feb 2009 08:44:04 +0000 http://www.ottsworld.com/?p=2508#comment-1139 Expat Rockstar, Yes - no credit crunch in SE Asia when you keep all of your money in cash, placed in a large safe in your house!! Expat Rockstar,
Yes – no credit crunch in SE Asia when you keep all of your money in cash, placed in a large safe in your house!!

]]> By: Sherry Ott http://www.ottsworld.com/blogs/my-lucky-recession/comment-page-1/#comment-1138 Sherry Ott Sat, 28 Feb 2009 08:42:17 +0000 http://www.ottsworld.com/?p=2508#comment-1138 Lynn and Lee - you guys have been on my mind lately - I hope you have a good trip back the the US and I will keep my fingers crossed for you. Glad you loved Luang Prabang - it's one of my favorite places in SE Asia! Yes, giving up your posessions is certainly not easy - and I still have pangs of missing it sometimes. Still on the search for peace and happiness though...nothing is every as easy as it appears! Good luck! Lynn and Lee – you guys have been on my mind lately – I hope you have a good trip back the the US and I will keep my fingers crossed for you. Glad you loved Luang Prabang – it’s one of my favorite places in SE Asia! Yes, giving up your posessions is certainly not easy – and I still have pangs of missing it sometimes. Still on the search for peace and happiness though…nothing is every as easy as it appears! Good luck!

]]> By: Carlye http://www.ottsworld.com/blogs/my-lucky-recession/comment-page-1/#comment-1136 Carlye Fri, 27 Feb 2009 18:00:28 +0000 http://www.ottsworld.com/?p=2508#comment-1136 You may have purged all of your belongings, but never forget that you can never get rid of your crazy friends... you're stuck with us! :) I'm glad to hear you're happy, Sherry. I'm still hell-bent on getting to Vietnam for a visit. I shall wait until you purchase your motorbike so I can sit on the back. Miss you! You may have purged all of your belongings, but never forget that you can never get rid of your crazy friends… you’re stuck with us! :)

I’m glad to hear you’re happy, Sherry. I’m still hell-bent on getting to Vietnam for a visit. I shall wait until you purchase your motorbike so I can sit on the back.

Miss you!

]]> By: James G - Expat Rock Star http://www.ottsworld.com/blogs/my-lucky-recession/comment-page-1/#comment-1132 James G - Expat Rock Star Mon, 23 Feb 2009 10:58:31 +0000 http://www.ottsworld.com/?p=2508#comment-1132 Yep, wile the western world is worrying about the credit crunch most expats are not concerned at all. I mean it’s not like you can get a mortgage, car loan and a bunch of credit cards from a local bank in Cambodia anyway. I was just talking to a buddy of mine in the US who owns his own businesses about the whole credit crunch and US economy thing He is feeling the economic downturn big time in the US, and I was saying that business is great here in Southeast Asia, I don’t even feel it at all. In fact business is great Another reason what the 3rd and developing world is great – ample business opportunities and work even if the 1st world is going down the drain economically, especially if you have a traveling skill. Yep, wile the western world is worrying about the credit crunch most expats are not concerned at all. I mean it’s not like you can get a mortgage, car loan and a bunch of credit cards from a local bank in Cambodia anyway.

I was just talking to a buddy of mine in the US who owns his own businesses about the whole credit crunch and US economy thing

He is feeling the economic downturn big time in the US, and I was saying that business is great here in Southeast Asia, I don’t even feel it at all. In fact business is great

Another reason what the 3rd and developing world is great – ample business opportunities and work even if the 1st world is going down the drain economically, especially if you have a traveling skill.

]]> By: lee http://www.ottsworld.com/blogs/my-lucky-recession/comment-page-1/#comment-1131 lee Mon, 23 Feb 2009 02:19:03 +0000 http://www.ottsworld.com/?p=2508#comment-1131 Sherry, great entry. You are spot on! I have always been a bit torn on this subject. We like our "stuff" but it is really dumb to be a prisoner. This past year has really brought that home. I found myself getting all worked up because "maybe" if we really fall on hard times, we would "only" have a middle class income for the rest of our lives!!!! Can you believe that? As Lynn said, LP (and Siem Reap for that matter) really made an impression. We met a woman in SR that is focused on getting kids a basic education. She has chucked it all too and has a real purpose now. She was clearly happy and at peace, and she is living in a room with local Cambodians and essentially no possessions. hmmmmmm...... Sherry,
great entry. You are spot on! I have always been a bit torn on this subject. We like our “stuff” but it is really dumb to be a prisoner. This past year has really brought that home. I found myself getting all worked up because “maybe” if we really fall on hard times, we would “only” have a middle class income for the rest of our lives!!!! Can you believe that? As Lynn said, LP (and Siem Reap for that matter) really made an impression. We met a woman in SR that is focused on getting kids a basic education. She has chucked it all too and has a real purpose now. She was clearly happy and at peace, and she is living in a room with local Cambodians and essentially no possessions. hmmmmmm……

]]> By: Marci http://www.ottsworld.com/blogs/my-lucky-recession/comment-page-1/#comment-1130 Marci Mon, 23 Feb 2009 01:04:51 +0000 http://www.ottsworld.com/?p=2508#comment-1130 Great read, Sherry. We've tried to live as debt-free as we can and as simple a lifestyle as possible with kids. It makes these bizarre times here in the US doable. Those who are buried up to their nose in debt and huge house payments with no margin for problems are in a panic now, especially if they've lost a job. I hope these times wake up many Americans to cut up their credit cards, live within their budget and learn to do without. And remember what are the vital things in life. Funny thing is, you still see cars lined up out to the street at Starbuck's, women are still getting their nails done, people are grooming their dogs, and restaurant parking lots are full. So...where's the recession? God bless you, Sherry. Great read, Sherry. We’ve tried to live as debt-free as we can and as simple a lifestyle as possible with kids. It makes these bizarre times here in the US doable. Those who are buried up to their nose in debt and huge house payments with no margin for problems are in a panic now, especially if they’ve lost a job. I hope these times wake up many Americans to cut up their credit cards, live within their budget and learn to do without. And remember what are the vital things in life. Funny thing is, you still see cars lined up out to the street at Starbuck’s, women are still getting their nails done, people are grooming their dogs, and restaurant parking lots are full. So…where’s the recession?
God bless you, Sherry.

]]> By: Lynn http://www.ottsworld.com/blogs/my-lucky-recession/comment-page-1/#comment-1129 Lynn Sun, 22 Feb 2009 23:23:32 +0000 http://www.ottsworld.com/?p=2508#comment-1129 Sherry, Lee and I just got back from Luang Prabang and had serious fantasies about chucking it all and figuring out a way to live there! We loved LP, maybe more than any place else we have visited in Asia, or at least as much as Ubud, Bali! You are right, this is a scary time to be going back to the US, but we have no choice for now so we are making the best of it. We haven't "purged" ourselves yet...in fact we seemed to have practically doubled our possessions while living in Asia! But we just keep reminding ourselves that we will BE OKAY and that we can handle this no matter what! I am jealous of you right now...I'm sending a link to this post to Daniel, who is starting to contemplate what he should do next year. All the things you've said about HCMC are also true about Taipei and teaching English there, AND its a much easier place to live than HCMC.... Sherry,

Lee and I just got back from Luang Prabang and had serious fantasies about chucking it all and figuring out a way to live there! We loved LP, maybe more than any place else we have visited in Asia, or at least as much as Ubud, Bali! You are right, this is a scary time to be going back to the US, but we have no choice for now so we are making the best of it. We haven’t “purged” ourselves yet…in fact we seemed to have practically doubled our possessions while living in Asia! But we just keep reminding ourselves that we will BE OKAY and that we can handle this no matter what!

I am jealous of you right now…I’m sending a link to this post to Daniel, who is starting to contemplate what he should do next year. All the things you’ve said about HCMC are also true about Taipei and teaching English there, AND its a much easier place to live than HCMC….

]]> By: Linda http://www.ottsworld.com/blogs/my-lucky-recession/comment-page-1/#comment-1124 Linda Sun, 22 Feb 2009 05:29:42 +0000 http://www.ottsworld.com/?p=2508#comment-1124 Hey Sherry, Craig and I feel the same as you - it's a good time to be a wandering ESL teacher. Living out of a backpack means you've already purged the urge to buy more stuff for the sake of having stuff, and you just have to earn enough to pay (usually quite low) expenses. You're not only free from the worry of mortgages and college funds etc, you've also got a low-cost mentality. It's great - I wonder why more people aren't doing it! Travel well. Hey Sherry,

Craig and I feel the same as you – it’s a good time to be a wandering ESL teacher. Living out of a backpack means you’ve already purged the urge to buy more stuff for the sake of having stuff, and you just have to earn enough to pay (usually quite low) expenses. You’re not only free from the worry of mortgages and college funds etc, you’ve also got a low-cost mentality. It’s great – I wonder why more people aren’t doing it!

Travel well.

]]>