Fiscal meltdown? You bet, and the effects will probably provide the biggest single headache
for Barack Obama and the team he's busy building for his January inauguration in Washington.
By then, of course, unemployment figures will have continued to rise, particularly in the so-
called developed world, and the knock-on effect will be felt by an ever growing number of
people, with recession threatening to become slump, with different currencies finding their
value falling day by day, and for many people, standard of living will also suffer.
How do we cope with the threat of such disaster? Here we are with Christmas just around
the corner for those of us who celebrate, and the big question may well centre around the
choice between having a good time in 2008 because we don't know when we will be able to
celebrate again in what had become the 'normal' way of overspend on food, drink, presents
and generally having a good time. The next few weeks could well define how we choose our
survival tactics for the next three to five years, and we will all be hoping that Barack Obama
and his advisers find answers to at least help us to weather the storms ahead.
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