There have been many countries that survived financial crisis, 94 Peso issue, 89 Ruble issues, still strong countries and many other countries that survived.

I'm not much of one to believe in steady unchanging cycles, there is always drift, and if one looks back to what happened before, during, and after the Spanish flu, there are many similarities.

Unless people went back to floating interest rates on their home loan or balloon payments on their home loan, there really is nothing anyone with a standard 30 year loan needs to worry about other than they may not be able to sell on a whim and move. I sold a home, and unimproved property, and bought a house all during the so called housing bubble bust. So I don't think housing will really be affected.

If we do have such a big crisis maybe people can move to Syria, Pakistan, Iraq, China or even to Mexico seeking financial refuge status, and have those countries support and provide for them.

I'm ever the optimist, things fall, things break, we pick up the pieces and glue them back together as best we can and continue to live.