That America and the rest of the civilized world are engaged in mutually assured economic destruction (MAED) is now obvious to most everyone, I think. My question, at this juncture in time, is what happens when we finally hit the bottom? More importantly, what's going to happen to me and those I love?
One thing that's for sure, when the collapse does happen, it should be spectacular! Think of the opportunities the media will have in taping and airing the financial destruction of hundreds of millions of hard working citizens. The chaos and sheer drama that goes with it all, will be a mind-numbing visual orgasm for the masses. Then, even the media will get caught up in the financial meltdown and they too will fade to black. Goodbye CNN. Have a nice day internet. Hey! Who turned off the electricity?
At the end, our currency will be worthless paper, now more useful as a material to use for wallpaper. Bank accounts, just numbers on a ledger sheet.”Say Fred, did I ever tell you I had a million dollars in savings?” Even gold will not escape destruction, as those who have it, quickly learn they can't eat it to survive. Formal governments with all their pomp and glory will vaporize like fog in the morning. Barter will become the new economic reality, and real assets the currency of a nation that is PC (post crash).
A cup of sugar for a loaf of bread, or two eggs for a few hours work the new norm for how a transaction is completed. No longer will we be concerned with what is going on elsewhere in the world as things that we took for granted like the internet, communications and TV have become luxuries available only to a few.
In short, America will have taken one giant step back in time and our collective focus will turn to events in the immediate vicinity of wherever it is that we live. We will have to relearn to depend on neighbors who live next door. People who many of us hardly knew before. We will come together into small groups and we will work side by side for mutual support and sustenance. We might even rediscover God and religion in a way that has not been seen for over a century.
A cup of sugar for a loaf of bread, or two eggs for a few hours work the new norm for how a transaction is completed. No longer will we be concerned with what is going on elsewhere in the world as things that we took for granted like the internet, communications and TV have become luxuries available only to a few.
In short, America will have taken one giant step back in time and our collective focus will turn to events in the immediate vicinity of wherever it is that we live. We will have to relearn to depend on neighbors who live next door. People who many of us hardly knew before. We will come together into small groups and we will work side by side for mutual support and sustenance. We might even rediscover God and religion in a way that has not been seen for over a century.
Come to think of it, my dear reader, maybe that would not be such a bad thing after all!
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