Fletch. I think it wise to give this a year or two in order to determine how ugly it will get. There’s so much govt intervention and lack of transparency that things are unfolding in waves of bad news. My guess is that it’s pretty bad, and the powers-that-be are trying to keep the melt down as orderly as possible to avoid chaos. But, it’s a melt down nonetheless. Save your cash, eliminate debt, spend quality time with your kids. It’s old school and it works. Time to get back to what’s real anyway.
