I'm shocked at the number of people surprised by today (and tomorrow's) financial "shocks"... With the conditions being what they are (not just a STOCK crash, but also a housing, consumer spending, bank failure, and commodities crash, etc., etc.), it's surprising more people aren't preparing...
More people should read Garth Turner's book "After The Crash"... He's pretty much predicted all of this - and more.
Wanna know what's around the corner? Being informed is a good thing. Sometimes the mainstream media is simply the servant of it's economic masters (big corps, oil corps, finance companies, banks...).
(And... "NO"... I don't work for Garth).
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