Gray's Papaya
Shae Smith

Save a buck in New York City.

We don't watch the stock market all the time, but today it's worth noting: The Dow's approaching its lowest level in a decade.

The New York Times report is a series of punches to the gut — anxiety over the Treasury's plan to save the banks, plunging global trade, speculation that the IMF will have offer a new round of loans to Hungary and Ukraine. The only Dow stock on the plus side today is Wal-Mart.

 

With so much bad news piling up, a lot of people are bouncing around worst-case scenarios: peak oil, peak soil, the end of the entire world and or at least the city.

I spent the weekend bumming around New York City with my family, looking at sale signs (but not shopping much) and talking a lot about how to get through the recession. I dunno about you, but I'm telling myself that a city's not so bad for riding out a recession. Sure, we could use more space for growing food, but for that we've got the abandoned suburbs.