Kellene Bishop at Preparedness Pro has good info to keep in mind regarding our current financial situation.

Read the whole thing, but here are the highlights:

1)     Financial Crisis Clue #1: A new batch of over $12 billion (yes, that’s a “B”) of pay option arm mortgages are coming due this fall.

2)     Financial Crisis Clue #2: Flu outbreak.

3)     Financial Crisis Clue #3: Hyper inflation.

4)     Financial Crisis Clue #4: Currency value is highly questionable.

5)     Financial Crisis Clue #5: Credit crisis.

6)     Financial Crisis Clue #6: Credit crisis affects power companies.

Add to that her article on the current Food Shortage and there's good cause to evaluate your preparedness for extraordinary contingencies.