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when the hurricane blew through here in 2004 - you could have used gas, batteries, generators and plywood as currency. You have to remember that the barter system was around before currency.
You guys need to take a rest - in the weather business they call it a wishcast. wishing something would happen so you could say I told you so.
There are some fundamentals that are still pretty solid. not every part of the country suffered a housing bubble. Not every area has rampant foreclosures. Unless you are buying a house or selling a house this probably will not effect you (except for the emotional aspect)
Unless you are planing on retiring soon - and you had all your money in mutual funds - this may not effect you either. Many even in the market had diversified risk so their effects may not be extreme.
Me personally - I think all the politicians should be voted out. All this crap happened on their shift. Who's chairman of banking and oversight - lets start the criminal charges. These ceo's that took millions going out the door while thousands lost their jobs - seize their assets.
I think inflation is going to be curtailed. Gas is already dropping - if the demand for good drop you'll see prices slashed (try buying a car today - the discounts will shock you) retail will be ugly this year - but that means bargins.
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Current Whip: - 2003 996 Twin Turbo - 39K miles - Lapis Blue/Grey
Past: 1974 IROC (3.6) , 1987 Cabriolet (3.4) , 1990 C2 Targa, 1989 S2
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