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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: coug who wrote (190721)	3/15/2009 2:05:09 PM
From: Patricia Trinchero	Read Replies (1) \| Respond to of 306849

It's quite provocative to be hit in the face with the thought that this country could actually implode. I think it takes time to sink in and realize how close we are to a meltdown. Most just think the US will recover slowly like we have done before in other recessions. A depression is unthinkable until you know people who have hit bottom through no fault of their own. I hear the words," Just wait it out and it will recover like it did before". When people realize that recovery isn't a certainty then this beast starts to grow legs. If we do recover slowly then you'll be fine..............if we don't, then you are prepared. That's a good strategy when dealing with the unknown and survival will be in question.