How Do You Begin to Prepare for Doombama?

Source

The IMF is worried about an impending social crisis due to massive long-term unemployment in the developed world. The duration of unemployment is skyrocketing, adding hardship upon hardship to societies which were already badly over-stretched by excessive debt.

"The labour market is in dire straits. The Great Recession has left behind a waste land of unemployment," said Dominique Strauss-Kahn, the IMF's chief, at an Oslo jobs summit with the International Labour Federation (ILO)...."the world has not yet escaped a deeper social crisis". He called it a grave error to think the West was safe again after teetering so close to the abyss last year. "We are not safe," he said. _Telegraph

So, if the jobs are gone -- probably permanently -- how does a person prepare for the doom that comes as a result of Obama Pelosi?

If you are thinking that the US deserves whatever doom it gets (which seems to be President Obama's point of view), you may think that the rest of the world will be safe from the fallout. Unfortunately for non-Americans and expats, if the US goes down there will be nothing left to prevent global disorder. (Don't even imagine that a Chinese hegemony will act for the good of anyone except the corrupt Chinese CCP inner circle.)

Those -- including President Obama -- who have longed for the US to receive a "come-uppance" for their entire lives, may well get their wish. Most such persons either voted for Obama or cheered for his election from the sidelines. The celebration was not only misplaced, it was premature. After the world lives through an extended Obama depression and comes out on the other side, anyone who still feels like celebrating will be entitled.

More later.