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The American economy has hit a new low. Home values are plummeting, bills are rising and job layoffs have every worker concerned. Factor in the sudden bankruptcy of 158-year-old investment bank Lehman Brothers, an $85 billion federal bailout of insurance giant American International Group Inc., Bank of America's quick purchase of Merrill Lynch and rumors of future sales and proposed government bailouts that would cost billions, it's no wonder Americans are worried about their money.

Are you sick to your stomach and scared out of your mind? Money expert Suze Orman is here to explain what's really going on—and how you can protect yourself. "We have built an entire economy on lies and deceit," she says. "It's like building a home or an entire building on a sinkhole. You have a foundation, supposedly. But a little crack, if something goes wrong—a little earthquake, a tremor—and it starts to open, everything starts to fall down and, Oprah, that is exactly what has happened in the United States of America."
FROM: Recession-Proof Your Family with Suze Orman
Published on September 25, 2008
Please note: This is general information and is not intended to be legal advice. You should consult with your own financial advisor before making any major financial decisions, including investments or changes to your portfolio, and a qualified legal professional before executing any legal documents or taking any legal action. Harpo Productions, Inc., OWN: Oprah Winfrey Network, Discovery Communications LLC and their affiliated companies and entities are not responsible for any losses, damages or claims that may result from your financial or legal decisions.


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