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Preparing for the transition…

I know I am speaking a bit over my head – since I am not a trained economist, or policy wonk, but I would say at this point we all should begin to consider withholding any debt payments on our credit cards, mortgages, and other consumer debt. We will need that money in the near future while things sort themselves out.

The collapse seems to be accelerating, and nothing the government is doing seems able to prevent it.

Besides, your credit score is irrelevant when there will be no one offering credit.

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