It will be a very bumpy ride for the next decade or so.

I suspect that there will be temporary opportunities, as noted by Tom, but for the next ten or so years, cash will be king.

The folks that survived the last depression did so by either living on the edge (temporary work, food lines, etc) or by stashing every penny in a safe place during the turmoil.

The folks that thrived during the depression were those that were patient and not tempted by popular investments. (Hence, Tom's idea, which would not be a "popular" investment, may be one that is valuable as it is a strike and retreat method.

We are reliving the Great Depression, and we need to do whatever we can to persist. Just find out what worked for those that thrived at that time and you will be OK. But, be sure to pay special attention to those who are the "experts" and avoid their advice.

Hang in there everyone. We are already converting our back yard to a 0.3 acre vegetable garden.

We have redefined our lives in many ways by determining what we need to live and what we "want". Need and want are very different, and by addressing the "need" and vanquishing the "want" has helped in many ways.

-Vic