Reply #9: I think they have managed to avoid this

[JNelson6563]

So, people are panicking a bit because they don't understand.

For the most part, I am of the opinion that the people have been mislead to believe things are generally much better than the really are, not worse. Maybe a few who have gotten screwed are panicking but I see little coverage of the darker parts of economic news.

Check out CNBC for one. There you will find a great deal of spinning going on. Way downplay bad and mediocre news is often treated as great news--or at least emphasized enough to give that impression.

Just like everything else for the past 2.5 years, it all seems so unreal, untrue to me. Everything is a facade.

I agree with you on the belief that the end is not near but I do think things are going to get a lot worse than Americans are willing to tolerate before they get better.

Just my .02--
Julie