When I say "goes to hell" I mean, worst-case scenario, worst than 1929 goes-to-hell. Worse than you've ever let yourself imagine.
Take a few minutes, just in case, and think about it. At least give it some thought. If that happens, what's your plan? Do you have one? Because if this bailout doesn't work (anyone remember the "super SIV"?), it could get quite, well, interesting.
Side note - on an HP'ers recommendation I just finished "Last Light", a peak-oil slash terrorism slash Goldman Sachs/Skull & Bones worst-case-scenario societal-breakdown book set here in the UK and Iraq. Good read. Check it out. Even if you never need to activate your "worst case" plan, it's good to have one.
Don't worry, I'm not getting all survivalist / truther on you. But you have to admit, the headlines these days are unlike anything you've ever seen.
We're spinning out of control. Housing panic is here.
September 25, 2008
So, if this last, desperate, neutron-bomb housing gambler bailout doesn't work, and it all goes to hell, what's your gameplan?
Posted by blogger at 9/25/2008