Financial expert Suze Orman has changed her tune and adopted the truth in what she is telling the American people about the downturn in the financial markets.
On CNN tonight, Orman said that the Dow Jones Industrial Average is headed to 8500 or 8000. The market now is at about 9250. When Dave Ramsey gave his all-clear message to investors last month on NewsChannel 5, the market was above 11,600.
Orman added tonight that it will take a couple of years to get out of this turmoil and then another few years of rehab for the economy. She says she is receiving calls on her radio show from people now living in their cars because of home foreclosures. And the bread lines of the Great Depression are not beyond the current downturn as it becomes more severe, she said.
The American people need to know the truth and prepare for the difficult times to come.
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