Waldo is stressed and saddened by the inevitable force of the military/industrial complex. Spend spend spend! He is unnerved by blatant consumerism, not to mention confused by the overwhelming number of people visiting a mall that sells only vacuum cleaners, washing machines, hats and socks. Also, after wandering into the upper left hand corner of the picture he saw his first ever nearly-naked woman and is now having additional emotions that he does not yet completely understand.
Click the photo to enlarge and find an anxious and financially conservative Waldo.