2 definitions by Alonius

Top Definition
The condition of the US government and its Ponzi scheme during or otherwise associated with the Barrackalypse.
Bob: How will the US pay the Chinese back their money?
Me: We won't and can't. We're Bernankrupt.
by Alonius February 18, 2010
The coming hyperinflationary period which will also be known as the Great Depression II which actually started in 2008 with the stock market crash and will continue for possibly more than a decade. Symptoms of Obamaggedon include but are not limited to:
high unemployment
fiat currency failure
soaring gold/silver prices
99.9% of the people out there having no clue whatsoever.
Bob: The economy is recovering nicely, the worst is over now.
Me: No way, Obamageddon has just begun!
by Alonius February 17, 2010

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