My recommendation: buy time and rebuild. Right now, the following phenomenon is occurring:
Problem: Extensive deregulation coupled with low interest rates in the US caused the largest financial collapse in over 50 years.
Reality: Government knee jerk reaction will be to over-regulate all aspects of banking and finance.
Solution: Increase SBA activity, overhaul Sarbanes-Oxley, and strictly regulate (1) bank asset leveraging, (2) interest rates, and (3) insurance products.
Problem: Bad economic policies in the US allowed for economic warfare with Europe in contrasting central banking policies that eventually caused related regional recessions.
Reality: Governments from around the globe are closely collaborating (G20) on solutions that may formalize into centralized central banking and monetary policies.
Solution: Create a treaty of independent and democratic nations to collaborate on economic policy, similar to the Nuclear Non-Proliferation Treaty (yet better).
Problem: Third and second world nations are facing serious civil unrest as the unraveling world economy creates extreme poverty and desperation (Zimbabwe, Thailand, and India).
Reality: The increasing formalized global collaborative government will start to centralize military-esque agencies to stop civil unrest that spill over borders (Pakistan to India, Zimbabwe to South Africa, North to South Korea, etc.).
Solution: Integrate disenfranchised societal elements by supporting and experimenting with alternative notions of government, economy, and living.
Problem: Gobal economy is forcing monolithic world government on unwilling citizens, governments, and corporations alike (probably more rapidly than the conspiratorial cabals of G6,G7,G8, or G20 ever expected).
Reality: Unilateralism is giving way to totalitarian socialism, and yet also spurring more & more economic & social chaos (the middle class is shrinking, or rather devolving into poverty level & thus swelling their population everywhere. This in turn causes unrest to become terrorism, or authority to commit acts of extreme greed or nationalism).
Solution: Get over it! Survive, adapt, then overcome. Make lemonade out of lemons, or take advantage of chaos (while you still can, before complete globalization of the world ‘Big Brother’ police state), and find profit in extreme situations.
Maybe that means just building a better mousetrap for some, just duck & cover for others, or strategic reserve selections for a lucky few. In times of crisis, you make your own luck.
One world, many people, all of our tomorrows. Are you a survivor?