Forum Post: If the World Economy does crash it is going to create a horrible mess.
Posted 12 years ago on Dec. 5, 2011, 1:26 a.m. EST by FriendlyObserverA
(610)
This content is user submitted and not an official statement
one great big horrible mess.
It is already underway.
Become self sufficient and work with your community to be self-sustainable while you can. People are going to be ripped away from their dependence on money very quickly.
The more dependent a community is the more riots, looting, and likely a police/military presence will be.
I am not quite in "survivalist mode " yet , but I would like to see more attention brought to the possibility .
Most people are already in survival mode. Except they don't actually think of ways of meeting their survival needs. They simply worry about money..
Access to filtered water, food, abundant energy, and having the means to convert/store energy for use are important. There are many ways to meet all of these needs.
http://www.youtube.com/watch?v=SsH7dp2MB2c
http://www.youtube.com/watch?v=fNI782zIpz4
rain barrels, geothermal energy, reduce vampire devices, fix leaks, insulate, etc. for personal use. But if we want to avoid catastrophe community projects are necessary and to make money obsolete high tech solutions would make it easier to create abundance.
We should start a new currency and give every citizen an equal amount of cash starting out. The cash that the 1% has now will be worthless and everyone will start out on the same footing. Think about it !
and in very short order the same people (with very few exceptions) will once again have it all...it's not a random thing, earning money, some are better at it than others, and better at providing the services that people want and need, and taking responsibility to produce them and make them viable...most just want to work enough to pay the bills, go home after an unremarkable day, and watch television or play video games....
Others LIVE to create, manage and produce, and those are the ones to whom the assets flow...always, don't kid yourself into thinking everyone manifests equally....it's just not true.
you take away the hope with your thought .. though true it may sound ..
not at all, anyone can become one to whom assets flow, by simple change of philosophy and behavior....it's the simplest thing in the world, and also extremely difficult for most.....
we could use monopoly money .. and every day receive $200 . eventually, if we don't spend it , we will have a pile too ! of course some people already have monopoly money .. hmmn ?
Guess what? The sun will still come up in the morning and I respectfully disagree. The financial system we currently live in is "a horrible mess''! A global crash is necessary to rid the place of the fractional reserve ponsi scheme hence why you are led to believe economic collapse would be the end of the world as you know it!
it might be easier to prevent the crash than to prevent the sun from coming up as you know it.
the simple truth .. the economic system is entirely man made .. and we can make corrections where needed .. to improve , or altar its course .. the sun however ..
Agree.
A MELTDOWN is relative. If one is not an owner of long term financial "STUFF" one will not know "Financial Pain". Those who hold long term investment instruments will see their portfolio decline.
The problems are the Federal Reserve and investors. The Fed is of the belief that price deflation will lead to higher unemployment. This belief is true because investors have a long term out look: the return of invested capital.
History has shown that this belief is wrong. The US of A has gone thru many Boom and Bust" cycles. We can get thru another meltdown as long as our government is working and society is stable. This is not the current state of us. Our local, state and federal government is failing. The Fed created an inflationary spiral. Free Trade has created wage depression. The Great Depression was not an economic failure but, was due to failure of weak governments. In other word, our government is failing because a few people careers and reputations are on the line. However, the $16 trillion dollar secret bailout of domestic and foreign banks has already trashed those people.
I will not bore one with the math but send me a e-mail if you want to see the math. There is nothing like speaking the language to prove one's theory.
Out of the ashes a new world can be built.
http://www.youtube.com/watch?v=4Z9WVZddH9w
Some times you have to start over in order to get things right. The short term issues crated by a full economic meltdown would be pretty bad. But, it would allow us as people to rebuild and ensure that policies are in place that prevent another economic meltdown. It would also expose all the faults that caused the meltdown and the people that created the meltdown both on a national and international scale.
To be honest I have a hard time believing that both the US dollar and Euro won't crash in the next few years. I think people in power are simply delaying the inevitable. Both currencies are falling like a rock in terms of global value and its no secret that every central bank is buying all the gold they can get there hands on and we should be doing the same. Even if its a small amount.
starting over may look and sound like an option .. but so much is lost in the process it's heartbreaking..
I agree a complete meltdown would bring about the necessity needed to get serious. and " necessity is the mother of all invention " .. it would simply be wiser to prevent the collapse and go straight to the repair .. now .
The trouble may be that no one can fix this "meltdown " and have actually applied their very best to solving this problem .. with no available solution in sight .. it's horrible to sit back and watch it die .. it's as frightening .. as watching the titanic go under .. what a horrible horrible loss .. it's going to be a very tough lesson for the world ..
Nope, its only going to be hard for Europe & USA. :)