US Economy is in big trouble

Today there has been a warning that if the govt bails out Fannie Mae and Freddie Mac, that 8000 banks may suffer as a result. It is a frightening situation.

Many analysts believe we are not even half way through this financial crisis. What are your plans to protect yourself from this looming financial disaster?

Take a look at your finances again this weekend, take stock, assess your exposure to risk and make some decisions. Plan ahead as if a tornado is on its way, make sure you have monetary reserves, make sure that you assess your bank and make sure you take a good look at your paper assets. You have been warned!

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