True and in all that smoke and fire will be opportunities.For instance in my field, all the major radio broadcasters are big bean-counting conglomorates. It became that way in 1996 via degreulation. A station worth 2million, was now worth 6million. It became a sellers market. That same station today is still worth only 2million but the debt of the broadcasters is that they still owe 6million for the station. The big conglomorates have flooded the market with radio stations for sale. If they don't sell them soon at thier asking price, they will eventually be liquadated by the banks holding the paper. It gives a little guy like me an opportunity to own my own radio station.