The U.S. economy is showing clear signs of disintegration, as the global credit collapse continues to take its toll. The once bountiful Lake of Liquidity has dried up to now resemble the Owens Valley. Corporations are screaming for cash, banks are failing, the real estate market is in freefall, and hedge funds are desperately clinging to the edge of the abyss. The proposed “solution”–The Mother of All Bailouts (MOAB)– keeps growing, with no end in sight. It is actually part of the problem rather than the solution. If you haven’t done so already, prepare yourself for a long term layoff, loss of equity in your home, and and possible relocation under duress. A major depression now looks very likely.