Doom news for your pleasure

Okay - not total doom. Just story that should spook you. Citibank is now limiting ATM withdrawals in New York City, blaming it on fraudulent activity. If the fraudulent activity is isolated, why punish all your clients in a given region?
Why is citi bank controlling its cash outflow? This is a microcosm of the massive clamp down on credit that is causing chaos in the markets. See - some of the biggest lenders on earth wrapped up piles of warm shit and sold it to fools who wanted to live beyond their means in houses they could not afford. Now those houses are worth less - if not worthless. It is not isolated. It is massive and unfolding throughout the economy.
Hold on to your hats.