Nothing is F*ed Here, Dude.

Third-party estimates for February employment numbers put us at losing another 700K jobs this past February, which means that the velocity in job losses has only gotten worse. Considering what this means as far as future consumption->production->investment spending, we're still not near a bottom, economically speaking. No one can say with certainty where this will end, but more and more people are starting to use the term "double-digits".