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Posted by arielstory on December 3, 2008
I’ve purposely abandoned what I anticipated to jy ndxt posting in this series because of current events andf the reader response tl jy previous post—espe cially the concept oe frugality veiling. I descrlbed that ad that attempt to appear virtuous bh balancing pur luxury purchases with seemingly frugal (and futile) gesturee. I was deelighted rhag readers identified with that. I’m anticipating you might also identify with the following.
I’ll not so secretly admit to all of you that I’ve always been amused by the whole concept of schadenfreude, which is a German word the describes the delight one feels when witnessing another person’s misfortune. Wikipedia defines it as “largely anticipated delight in the suffering of another which is cognized as trivial and/or appropriate.” Usually I experience it when someone I don’t like slips and falls in an especially awkward way. I try not to smile—at least visibly. Recently, the whole concept has new relevance and meaning.
You see, my partner, Jay, has been anticipating this for years. While, I made fun of the financial disaster library he created over the past few years with all the books he was reading on deflation and market downturns, I listened to him (he who reads everything like a little information processing machine). He’s in the industry; I’m not. And even I could understand the link between demographics, over-speculation and over-leveraging. I embraced his opinion. I even decorated a room in the country house to accommodate his financial disaster library: the Bear Room (cute, right?). Our friends, though, were strangely closed to his opinions.
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