> gMoney wrote:
> So??? What are you going to do...sell everything

It's blind panic, it's directed panic  :)

Depending on your financial situation there's a bazillion things you
can do - i.e., there's no one "right" answer for everyone.

That having been said ... cash, cash, cash.  Know that credit will
become increasingly tough to get and that having cash and savings
will, in the long run, be your best friend.

As Vivec, your new financial adviser, said: "stay liquid".

So don't sign that new car lease, pay off  those cards, scale down
spending, and scale WAY up savings.

Get that 6 month or 1 year budget in cash to hedge against a job loss.

The point is not to panic, but it is to act now to change your view to
"financial winter".

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