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.

4 comments:

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

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  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.

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

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  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.

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