Dumb thing to say. I don't wish ill on anyone, and I'm not insensitive to people in difficult situations. But the economy continues to demonstrate it's resilience despite predictions of its failure "just around the corner" for the last several years. Some repossessed cars and some banks taking a loss on some of the credit card debt are not likely to cause more than a garden variety recession. It will take more than that to cause the collapse predicted by genius Nick.