America's Financial Meltdown: How has it affected your life?

You could easily change that title to "The Global Financial Meltdown".

In the UK, the banks are owned by the government now, meaning that their entire stock has turned worthless and interest rates have plummetted - and, of course, like elsewhere, it's impossible to get a credit, impossible for people to buy houses.

But since I am in Canada at the moment, I guess I've been pretty lucky. The few combination stock things I own in Germany have dropped drastically in value, but I have not been forced to leave my home (I live in university accomodation), or lost any other goods that I don't own yet. I had no intention of buying a house or a car, or setting up a gigantic business, so really, I have only been minimally affected by it.

Of course, I'll have to see how to build up some savings again. With the current interest? While I'm in uni, spending more money than I'm earning? Can't see it happening. That's teh thing that worries me, the savings part. I do, however, still have quite a few years of university ahead of me, if I do want to go for my Masters. I am not switching my major away from psychology, aside from the fact that it's too late for that, anyway. I might try to find a job first, though, after I graduate and then go back to do my Master's later.

Jam it back in, in the dark.