From the point of view of Generational Dynamics, here's what to expect for the near future:

• A massive "generational panic and crash," such as has already been described.
  
  
• A continuing fall in the stock market and other markets for several years, probably reaching as low as Dow 1500-2000.
  
  
• A deflationary spiral that will make many goods much cheaper -- since few people will be able to afford to buy them at any price.
  
  
• A substantial increase in bankruptcies, foreclosures, homelessness and starvation around the world, including the US.
  
  
• Increased restlessness among starving populations around the world, leading to a breakdown of civil order in many places, followed by the path to world war.