I agree with you to the extent one has to factor in all realities to make any kind of judgment. How is it that you intend to protect yourself?
Dolphy, that is a great name. My mom's name was Dolphie. In answer to your question, I think the most important thing I have done is get completely debt free. I believe gold (double eagles) and bullion silver offers protection. I do believe the large energy companies like ExxonMobile will tolerate these disruptions better than most. Get out of the bond market even if you take a loss. It will get much worse. If the dollar breaks 80 it will free fall to 70. This is bordering on catastrophic.