I Don’t Think Most People Realize How Fragile Our Country Has Become, And How Interdependent. No One System Can Stand On Its Own, Not Any More
BY: TED
SurvivalOnline101.com
JUNE 20, 2018
80% of Americans are under the thumb of some sort of debt. Saving rates are abysmal, and it seems that our society is moving closer and closer to a ‘burn it all down man’ type of mentality. Its hard to find an institution that doesn’t fall into the cross hairs of some group or another.
What keeps us from ripping each other apart – the only thing – is the fact that we still have access to all the trinkets and distractions that keep us “happy” for the time being.
We have already watched pensions being slashed in states across the nation, and the government is supplying more than 50% of Americans with some form of aid. The financial markets are volatile, and to be honest people are strapped. Our youth come out of college with such a heavy debt burden that their chances of success are arguably the same as before they went in.
Our system needs only a breath of calamity to topple it. If one or two of the safety nets we have become accustomed to fails, the whole of our society will come tumbling down with it. We could call it the next Great Depression, but I’m telling you straight, it will be more terrible than anything that happened in the 1930s.
I don’t think most people realize how fragile our country has become, and how interdependent. No one system can stand on its own, not any more. A societal collapse could start in another nation, and then spread across the globe.
The forces are mounting that will eventually overwhelm most Americans and send their standard of living to unknown depths. Americans that have only known the post WWII prosperity are ill equipped and educated to deal with depression level living. Easy credit and instant gratification have created a nation of whining, self absorbed, entitlement minded people with no moral or mental toughness.
When this depression, which has already started, gets momentum, it will overwhelm the plans of a society that is expecting to get things like social security, pensions and payouts from retirement plans they have paid into for many years. All of those things will disappear almost overnight and leave society gasping and stupefied over what to do. Their reactions will be to yell and scream and try to identify who to blame but the only person they should blame is the one in the mirror.
Many very smart people have raised the alarm and done their best to warn the sleeping public, but those slumbering masses have ignored the warnings and hit the snooze button one more time. The masses do not understand economics, do not want to understand economics and they will pay dearly for that ignorance in the coming days.
When the real unemployment rate becomes common knowledge as it increases substantially, people will be left to survive on what resources they have saved up outside the banking system that cannot be stolen by the politicians and bankers. That is a key point here. The assets you have outside the system that cannot be stolen from you with a few key strokes on some computer.
Those hoping for some miraculous event that will send the U.S. back to the days of manufacturing might and jobs for all will never see it happen. Those days are gone. The west line theory tells us our economy will slow down and become more modest as the shipping center of the world moves west to the next powerhouse region which is Asia. This is what history teaches us.
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