Let's mark this day as the start of this century's great depression.
The bank
bailout bill -- aka 'the septic bank bill -- has failed and the DOW dropped 778 points today. Undoubtably, not the big crash yet to happen. The credit markets are frozen. As Paul Krugman states...the gears on wallstreet are full of sand.
You might not have been affected yet. You will. Let's hear some personal stories on what folks are doing to prepare. Have you stocked the pantry yet? Do you have a contingency plan should you lose your job? Supposedly the run on banks has started. Have you moved your savings out of the bank? What are doing about about your investments--your 401k, pension, etc.
Maybe you'll say, 'I ain't got nothing, so I got nothing to lose'. Truth is, unless you're homeless, with everything you own in the shopping cart you're pushing, well, that ain't exactly true. Maybe the reality of the situation hasn't hit yet. It will soon.
Welcome to the next great depression. So, what's your contingency plan?