Why This Depression Will Be Cooler Than The Last One

This one will be live-blogged, tweeted, facebooked and texted. All of your friends getting laid off and looking for work are telling you about it in real time.

Back then, in the Sucky Great Depression, you'd have to wait months for Johnny out in Nebraska to scrape together 2¢ to find a stamp and an envelope. Then he scratched his bad news on a spent matchbook with a gnawed-down rat bone and sent it to you in the mail. By the time you heard Johnny was at the end of his rope, he'd probably already hanged himself. At least now we can say, "Hey, now! Chin up, Johnny! Life's not so bad! There's a breadline I just Googled not 5 minutes from where you are right now. I'll text ahead and save you a loaf."

You'll know it's really bad when your friends don't tweet, email or IM anymore.