I've lost about fifteen thousand dollars this week, on paper. S&P cut the US credit rating, and the resulting uncertainty has sent the stock market into a tailspin. I am not saying this because I want sympathy, or because I am particularly concerned. It's a paper loss, affecting money I have never seen. This is retirement money for us, and we are far from retirement age. So really, while I could sit and gnash my teeth, I have only "lost" what I never really had.
On the other side of the world, in Somalia, 29,000 children have died from starvation. 350,000 more are in danger of suffering the same fate. For their families, this loss is real, and immediate, and devastating.
It seems to me that my little loss just doesn't mean much.