[abigkahuna]

Look for more of this. It will be especially gruesome when the credit card market begins its meltdown shortly. THen there will be no turning back. Quite frankly I think we have already reached the tipping point and are sliding down the ravine...

With the bond insurers circling down the drain, the banks will be soon to follow. Already insitutions are forbiding large withdrawals of you own money. Ever try to put 2K in the bank lately--reports to homeland security and the IRS... Its getting really weird out there.

Regarding inflation. Have you noticed that the box of ceral you buy in the store is the same size, but two to three ounces less product for the same price? A ten pound bag of Kingsford Charcoal is now an eight pound bag...things like that.

I'm not financially ready, buy have my own well and five areas and some seed stock saved..we'll see what happens...

[durasell]

Calm down. It isn’t the end of the world. Just a nasty recession.

The reporting of cash transactions has been in place for awhile. It used to be $10,000 and then they dropped it. Nothing new there.

And yes, there is some inflation.

[durasell]

Already insitutions are forbiding large withdrawals of you own money...

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I seriously doubt this...