We are living through historic times. That revelation occurred to me yesterday as the markets once again melted down. The worldwide panic yesterday will be part of the history of this great financial debacle. Where this all ends is anybody's guess. The world could quite easily slip into deep depression which will have far reaching social ramifications. Or perhaps, things will get better and those who have enough courage to step up the plate now can get some real bargains. I have been warning of this financial calamity since I started this blog. I must admit I didn't think it would be this bad. Indeed, it's hard to take.