Anyone remember the advice we dispensed to Latin America when they encountered a similar crisis a few decades back?

It also occurred in the 1987 stock market crash, junk bond crisis, S&L crisis, 1980 gold fever, and dozens of financial calamities.A complete lack of liquidity.The buyers disappear after major run-ups in any market because they are afraid.

lolAccount Closed,I'm with you that cash gets deals done, especially during the crisis.

I take it that refers to the foreclosure crisis.

The fears here, as with the European debt crisis, are of global contagion spreading and Europe and then the world plunging into another global recession.

During the 2008 financial crisis, we hardly felt it here.  

Brexit has set a precedent for one of these five countries to leave the European Union to deal with their sovereign debt crisis.

Only way SF as a whole drops anything approaching 20% is if we have a systemic financial, trade or global crisis, which of course is possible given our erratic gov.

A lot of people pitched ideas to take advantage of the crisis, but most of those were just pitches.

My kids go to Chicago Public schools which are in a fiscal crisis and billions in debt.