Hi Matt,

I've been watching this for a while too. There's a lot of global uncertainty in financial markets, so we could be in for a domino thing or who knows what.

The things most immediately affected for most people will be anything that touches the stock market: IRAs, stocks or bonds. So first I'd recommend looking at any stash of money that isn't in a checking or savings account, consider if you can afford to lose it.

There are those who advocate much stronger measures, like what you'd do to prepare for a major earthquake: stash drinkable & wash water, canned or dried foods, first aid kits--gather the stuff you'd put in an emergency kit, including some cash to buy things you didn't think of. This is a good idea in any case, and while I'm at it, find your local CERT training and take it. (In Oakland it's CORE.) Best three days of your life.

j.

On 3/27/15 10:20 AM, mattsenate@gmail.com wrote:

Anyone else notice that the NASDAQ Composite Index has about reached the nominal peak of the dotcom boom? It's not at the real value peak (i.e. adjusted for inflation), but still pretty peakish:

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=COMP&insttype=Index&freq=2&show=&time=20

It seems to me that additional market forces caused by the likes of a crisis in student debt or perhaps a natural disaster, such as an earthquake, could hasten the inevitable burst. Otherwise we may be looking at just a few years before a substantial fall in the stock market, devaluation of over-inflated "tech" companies, subsided startup investment, decrease in technology field employment, or other similar things...

What might one do to prepare, as if not soon, at least inevitably there will be some stock market crash that will largely affect the wide bay area economy?

// Matt
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