2010 will be a worse financial year than 2009. The current period we are in is very much aligned with the Great Depression of 1929 to 1933. History has a very strange way of repeating itself.

Unemployment will continue to rise as more businesses collapse. More houses will be repossessed. The amount of poverty and homeless people will rise worldwide.

It may look like it is the end of times like it did back during the Great Depression of the 1930's.  I believe it will get better over time. How long will the bad times last is anyone's guess.

now lets be optimistic. Although its a bit hard especially since as of today one of my areas biggest employers is closing. And if the government ends up cutting defense spending like it probably will, we will be hit even harder since the other two major employers near here are a navy base and pratt & whitney (which makes those F22 engines... )