Other things that could happen would be banks wouldn't be so lose with their money. They'd actually make loans to people who could pay them back. Now there is a concept.
Some think this has the potential to be the worst thing since the great depression. What makes it any different than the last catastrophe brewed up by Washington lawmakers and the news media? Bad news sells...it isn't any thing new. This is the worst thing to ever hit America because that's what we're being told.
The thing about bad times are they're simply a prelude to good times. Stop with all the gloom and doom stop looking to Washington for all the answers. They're the ones who created this problem and now you want them to fix it?