In this segment of The Motley Fool's finance-focused show, Where the Money Is, Alison Southwick and banking analyst Matt Koppenheffer reach into the mailbag to answer the following reader question:

"What do you say to the Doom and Gloomers who predict total economic collapse in 2013?"


Alison Southwick has no position in any stocks mentioned. Matt Koppenheffer owns shares of Berkshire Hathaway. The Motley Fool recommends Berkshire Hathaway, Portfolio Recovery Associates, and Wells Fargo. The Motley Fool owns shares of Berkshire Hathaway, Portfolio Recovery Associates, and Wells Fargo. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.