For those who aren't familiar with country music... you have to know that the guy singing the song is about to lose something...and it isn't his dog!
Now the Big D doesn't mean Divorce...but Depression. I think we are going through a depression.
I suppose there are defined lines between economic downturn, recession, and depression. But, sometimes you just know one when you see it. Jobs are being lost not regained. The job losses are in almost every sector. Stocks are a disaster. Real estate has taken hits. Sales are down, etc.
Just talk to people: Car dealer...only four left on the payroll and two of those are on commission; NY lawyer back in WA to be with parents (finance industry bust); MBA family of 5 back in WA (CA housing industry bust); Boeing; PACCAR; teachers (even); carpenters; Circuit City; etc.
You know it when you see it. "Going though the big 'D' and I don't mean Dallas."