Monday, December 15, 2014

Ten years too early or ten minutes too late?

Here's a sobering article entitled Society’s Five Stages of Economic Collapse found on Tim Young's Self Sufficiency blog. Worth a read.

Tim summed up the five stages as follows:

1. Denial
2. Denial
3. Denial
4. Oh (bleep)
5. I'm screwed

Very true! As the saying goes, I'd rather be ten years too early than ten minutes too late.


  1. thanks for sharing this. My Daddie would have loved it.

  2. I can remember my father telling me that during the depression they burned their corn crop to heat the house as there was no market for it. Back then a few hundred dollars would buy a good farm because money just was not available. I fear that we will get to that point again in a few years.

  3. Although Tim's Cliff Notes version of the 5 Stages seems funny at first, the real thing will be no laughing matter.

  4. The timing cannot be predicted but the conditions for it can be identified and we are seriously seeing the right conditions. Depending on what triggers a crash/collapse/downturn/whatever it can happen with terrifying swiftness or simply deterioate for months until it hits bottom. Because our government has it's tentacles into everything I suspect that our first solid clue that something has gone wrong is when banks don't open on Monday morning and the president has scheduled a talk to the nation at 5pm EST. After that it will spiral down.