Economic Misgivings

Sort of crazy all the financial stuff in the news these last couple days. Don't really know what to make of it. AIG and Freddy Mac and Sally Mae all tanking and getting taken over by the government. Also crazy how much of it is caused by the sub-prime mortgage collapse. It freaks me out that three of the biggest private financial institutions were on the brink (or the beginning of the end) of bankruptcy. It makes me wonder if we're heading towards another depression. I'm not worried about my job or anything, but is the dollar going to just plummet as a ton of money is loaned by the government (who is just borrowing from China)? What about all that money I was saving for a down payment on a house? Perhaps I'll actually get to live my dream--scrooge mcduck's money pit, and a diving board. I think that despite the current crazyness in Iraq and all the hype over the political conventions, economic policy will be the most important issue for voters in november. Sorry to get so serious, just some thoughts. Freaky though, huh?