Many of the so-called "experts" knew the "big one" was coming, they just didn't want to yell "FIRE" in the crowded movie theatre while everyone was watching the "Ben and Alan dog and pony show." I'm no expert, and I knew it was coming. I liquidated a business I had on LI rather than get into a new high-rent lease. On Sept 21, 2007, I transferred my IRA mutual funds into a MM account. Needless to say, I still have 100% of the principal. People like Ron Paul and Peter Schiff also knew it was coming, but were roundly scoffed by the Fox News pundits who in 2007 predicted "real estate would go up another 10%, and the Dow would be 16,000.