Earlier quoted context omitted.
In layman's terms, how much are we screwed without hope of a solution, and what is the rough timeframe before the evening news starts looking like "The Day After Tomorrow?"
I'm wondering the same thing. Should I start blowing through my 401k money now or what?
And while you're at it, you might want to cancel any insurance that you have. Afterall, what's the point? That will make more money available to blow.