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What catastrophe would that be?
See Americans $1.7 trillion poorer
http://money.cnn.com/2008/06/05/news/economy/fundflows/index.htm?postversion=2008060516
Another link here mentioned motorists begging strangers for money to buy gas.
and this is just a start. Up to half of our fellow citizens may end up moving from middle class to poverty. That surely looks like a catastrophe.