With all this doom and gloom talk we all must remember one thing.
No one has any clue as to when the economy will start turning around. Everyone is yelling it's going to get worse before it gets better. Did one stop to think about this...
When it comes to the economy no body has a clue as to when we're "at the bottom" until it turns around and starts going the other way.
I would suggest that everyone just calm down and ride it out the best way they can. The more people panic the worse it will be.
Think about the depression in the 1930's people paniced and created a run on the banks.