Europe is consolidating financial controls and sticking with austerity measures to avoid collapse of the economy that will have global domino effect of some kind on all of us. We are connected, everyone knows that. If mother has credit card addiction, daughters may end up as entrepreneurs, because the family cannot afford to send them to college. Is that so bad?

Austerity measures are bad for everyone, say economists: you buy less -> your employer holds back on benefits or raise because of less revenue -> government has less taxes to fund social programs -> you spend less. How much less can you spend? – unrest begins?… Alternatively government (like our neighbour in 2008) can just keep printing more money, so you can keep spending. It’s just a paper, right? Well, that piles debt for future generations – our own children… Rich one percent seem to know how to get richer, and the rest can only think what else to cut out of the budget.

Obviously I am not going to solve any of this, I am just a web developer by choice. What I can observe though, is that after a period of serious austerity, people prioritize and the fun part is not the last on the list. Christmas parties are coming back! There is more small business owners. Some decide to make better websites – good for me! Because I love making better websites.

2012 is not going to be the end of world. This interpretation of Mayan calendar was just a mistake. And the new era begins with every day. Today I will learn something new, I will make it better for someone.