What will it take for me to recover financially? I need to magically discern what the next asset class bubble will be and start stocking up NOW. Other than that, I think most of us in the real world will be nursing our financial wounds for quite a long time.

Demogrpahically speaking, the Baby Boomer generation is just approaching retirement age. For that generation, there really isn't time for them to recover from something as big as this. The fallout from the upcoming swell of Boomers reaching retirement without enough money to support themselves because of the crash in investments and real estate is yet to be felt. If you think the stimulus is a lot of money to be throwing around, wait till the Boomers, as a big group, really start to need help.

Well, assuming that we don't have another crazy bubble to keep everything humming along, that is.