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post #4 of Old 10-01-2008
Learning the HARD way...
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From the online version of Practical Sailor;

"On the topic of money: The news coming out of Wall Street called to mind an article I read a few years after the economic meltdown in the late 1980s. The story documented a family’s low-budget circumnavigation.

The underlying theme of the story—cruising doesn’t have to be expensive—was easily recognizable. It was the same message the Hiscocks, the Pardeys, and countless others sailing writers have been trying to get across for decades. What stood out to me in this article was the punch line, uttered upon the family’s return to the U.S.. “Recession, what recession?”

Mostly by luck, the family had shoved off when the nation’s economic situation looked especially dire. When they returned, the dust had settled, jobs were plentiful, and the economy was booming again. Their tale was familiar to me. More than a few of our fellow cruising sailors during the early 1990s were young professionals who’d lost their jobs in corporate downsizing. Rather than fight for scraps in the shark tank, they took their meager savings and went sailing. When they finally returned to the workaday world, they had no trouble picking up where they left off.

So . . . if the news out of Wall Street is getting you down, look at it this way. It’s one more reason to go cruising – now. The way things are going, you won’t be missing much."
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