Maybe we will go back to using cash

[peanut2010]

We could do without credit cards and start paying cash.Just buy what you can afford and really need.

[bluestateguy]

1. Fine by me

I paid off my credit cards and use cash all the time now.

Having said that, I'd rather not have a financial collapse.

[slewfoot]

2. Bingo! N/T

[Lex]

3. Your cash won't be worth much.

nt

[SammyWinstonJack]

4. That's fine but real wages had better be raised. I won't hold my breath.

[nadinbrzezinski]

5. Businesses have relied on letters of credit since the 12th century

that will not change any time soon

And this is what people are refusing to connect

It is not JUST your personal credit card... I wish it was

[dbonds]

6. I already live on cash only.

Been that way for years.

[stray cat]

7. Credit underlies manufacturing and food production -

In other words if you use goods and services the ability to bring them to the market relies on letters of credit.

[HamdenRice]

8. You rich fat cat!!!1! You have cash?##?$ Let's go back to using clamshells

You know start over from scratch !!1!

[MrsCorleone]

9. I expect to see a big return of lay-away plans. nt

[malaise]

10. If people were serious they would have a mass protest and burn

every single credit card.

[melody]

11. Your cash won't be fit to use to light a fire if this gets as bad as it might

I'd put more stock in toilet paper and canned beans and liquor.

[Hugabear]

12. Do you have a magic money tree in your back yard?

Where do you expect us to get more cash once we lose our jobs?