Resisting A Financial Panic

摘要

Since the end of summer, times have been getting tough. It seems like the financial establishment is collapsing from within. In Washington, our current leaders are running around plugging holes in dikes, only to see new holes appear a few feet away. Government spending is going to keep growing exponentially, with no talk of fixing the deficit. Capital is disappearing before our eyes. Home values are sinking. If inflation heats up, we'll be caught between a devalued dollar and diminishing credit. Never in our lifetimes have we seen an economic tsunami so scary. What should we do?