I am on the front lines. Over the past few weeks business has died. No one is buying our widgets. Even Brazil, which has been an excellent market for the past few years despite the massive trade barriers and paperwork their government has erected... dead. There was a brief flurry of activity the last week of September as the usual Federal agencies rushed to spend their "use it or lose it from next year's budget" money, but elsewhere it has been eerily silent. Domestic markets, international markets... everything's at a complete standstill.
Until recently the answer would be "go pound the pavement and get a new job." Based on what I am seeing right now that is going to be exceedingly difficult for most of us for a long time to come. This is the absolute worst time for Hammer #1 to fall. I am sorry to keep talking about this vague "Hammer," but I will explain it in due time.
So many bloggers have been warning about this fiasco for years. Rob Dawg, Ben Jones, Calculated Risk, even a dork like me with a lousy B.S. degree. Why is it the Smartest Guys In The Room still, to this day, claim that "no one saw this coming"?