Experts are looking at a long term shift in the economy of the United States that will be felt through out the global market. The government is tying to push a stay of execution by lowering interest rates, but that won't fix everything.

Some people are blaming consumers for taking on higher debts, spending more than they make and not saving for tomorrow. Many more are blaming the loan industry, corporations and regulators for not controlling hedging and other margin type investments.

In the end, the blame is not really all that important. The important factor is what to do now that the implosion seems inevitable. Everyone ? from the highest corporate entity to the smallest credit card holder ? needs to reassess credit and debt and learn how to use finances with more wisdom.

History has proven that it is the people most prepared that make it through. The Great Depression had victims and survivors. Today is no different. It will be the people that are choosing a wise financially path that will weather the storm. Experts can predict all of the problems and disaster that they see fit.

You will weather the fall out if you have your ducks in a row when it all comes tumbling down. Take a few steps to sure up your finances by being sure that you are budgeting on what you have, saving a portion of what you earn and never spending more then you have then you will find a way to survive what ever the economic down turn has to offer.