If you accept the Austrian view of economics - as I do - then this whole financial mess won't resolve itself until all of the world's malinvestments have been liquidated. By malinvestments I mean everything that's been spent on business ventures as a direct result of all that monetary expansion that wouldn't have occurred in a free market.
Bailouts by Bush, Brown and the rest may delay the day of reckoning for a while but can't change the ultimate end game. The world watches. Gold was up 7.66% on Friday despite the manipulation.
(UPDATE: there's going to be a lot of anger before things are resolved. I bet McCain's glad to be out of it.)