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!

2 Comments


  1. Hi,

    I’m just getting started with my new blog. Would you want to exchange links on our blog-rolls?

    BTW - I’m up to about 100 visitors per day.

    Quote | Posted August 22, 2008, 6:30 pm

  2. Yes, sure. It is great that we can all help each other as we develop our respective businesses.

    Quote | Posted August 24, 2008, 12:33 pm

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