We're knee-deep into the credit crunch and only one thing is certain: We're not as rich as we thought we were. And we must come clean and admit it.
Every day, sometimes twice a day, we get hit by tales of financial turmoil. Banks are edgy about handing over money to everybody from hedge funds to homeowners. The stock market stinks. Our homes aren't the nest egg that we thought, either.
Jobs, the price of gas and groceries, you name it -- everything makes you worry about just how bad things could get. No matter what the numbers say, things seem far more ominous than just a run-of-the-mill slowdown. Are they? No one knows.
On Friday, U.S. stocks fell to the lowest point since October 2006. The Dow Jones Industrial Average closed at 11,893.69 points -- down 146.7 points.
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