80/20 SLOW COLLAPSE
Welcome to the slow collapse. I don’t say this is light of the last two weeks, first with the contrived budget showdown ( of course they aren’t going to NOT pay their own salaries, I can’t imagine why anyone thought they needed to panic ) and then with either the start of the end ( French
bank panic
) or just another false alarm of the start of the end of trade, commerce and credit based on global fiat currencies ( I’m writing this on Sunday morning, and there is no available news access here at the Bison Compound so I have little idea what goes on in the world every weekend ). Those events surely highlighted the continued economic depression’s inevitability, but they were more likely
sideshows
rather than the main act. I say this because, surely, we can all now agree that there simply is no recovery, there won’t ever be a recovery and things can only get worse. I think there is little argument that the next phase is already well under way. Honestly, can any of you say that business as usual isn’t headed for the cliff? I understand none of us knows the timeline, but can’t we all agree that it is guaranteed to happen soon? Doesn’t recent events put the final stamp of approval on our demise? Now, I don’t label this article 80/20 because I believe there is only an 80% chance of collapse. The collapse, of whatever velocity or severity, has already been solidly confirmed. By years of evidence. No, the 80/20 refers to a 20% chance that the edge of the waterfall collapse is within sight, or, in other words, the slow collapse is confirmed and now, should we be even more worried?
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Stop worrying about preps as if a collapse might happen. It is already happening. A slowdown in the growth of negative economic numbers is NOT a recovery. When a commentator says, and I believe I’m pretty close to an accurate quote here from the radio, “The initial jobless claims were only 300,000 last month, far lower than experts expected, and indicating a solid recovery”, this is only telling you that the statistics are so bad, they are spinning decline as recover. The only thing that fuels a recovery is POSSITIVE job growth, not a less than last month increase in the unemployment rate. The only thing keeping bread prices from $10 a loaf and gasoline from $15 a gallon is the
velocity of money
has either stopped or slowed almost to that point ( see Ure’s site for more on
velocity
, he’s the expert. My take on it is that all the extra is going into financial plays and none into the general economy, so consumer prices aren’t rising anywhere near as fast as a 200% of GNP money creation would normally indicate ). It certainly doesn’t point to recovery.
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The slow
economic collapse
started in 2007 or 2008 and it has not stopped. Only the rate of collapse varies. That said, what are you waiting for? I understand that times are tough, the spouse isn’t on board and you are concerned with not saving money since the pink slip could be any week. But you are asking the wrong question. You say, how can I prep without the resources. I would ask, how can you live paycheck to paycheck when you could lose your job at any time? You are doing everything you can to hang on to your present lifestyle. I understand this, as everything works against you. You have little to no resources to escape. The rent is too high, but that just means you can’t save up for a
cheaper alternative
. I grant you the difficulty. But, if the collapse is a hard reality that won’t go away, what happens when you do lose your job? Automatic homelessness, right? I’m wagering that there is a backup plan. Living in your car. Right? You desperately hang on and hope, and once you are unemployed ( as wonderfully portrayed by
Of Two Minds
blog, the only reason the corporations are even making money right now is that they are profiting by the weakening of the dollar- if European currencies fall, that goes away and massive corporate failures ensure your unemployment [ amongst other job threats, this is probably the most immediate one ] ), you have the option of hanging in there until you can’t make the car payment or insurance premium.
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That is the suckiest plan I could come up with. That is fine in a functioning economy when you know you can get another job. It sucks
rabid dogs
ass in an economy that is on track to get worse month after month. And you thought my junk land plan was bad? You think the spouse will never move there? Try getting her to live in a car. She will at least consider junk land. She can put up with some discomfort moving towards a
Hippie
70’s existence ( starting small, building towards a Birkenstock tree hugging permaculture and
geodesic dome 
life, with swings for the kids under a tree, gardening for fresh dinner salad, feeding the chickens for fresh eggs, etc. ). If you try to move her to the car, she will stay in the passenger seat just long enough for you to drop her and the kids off at the court building so she can file for divorce, sue for child support, flirt with the first single civil servant she sees and can move in with. Bitches complain a guy only loves his penis, but a mother’s love for a husband usually stops along with a paycheck.
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You now have irrefutable proof that the slow economic collapse is here to stay ( no, not just because I say, but because growth has halted. Not just slowed as in a recession, but stopped completely. Growth did not stop during the 30’s Depression, it just moved to the public sector-as evidenced by the almost complete population being employed in the war which ended the Depression ). Declining energy-no, not end of energy, just declining availability-guarantees no real growth. You have a huge, flashing, blinking
neon sign
giving you warning. I would strongly advise getting a better plan than house living until unemployment and moving to the car which will soon be repoed. Of course it won’t be easy. But it will be much harder the longer you wait. The house payment, the car payment, the job, all are on short term loan to you, at ridiculous prices. You WILL lose everything you “invested” ( news flash, your investment has been targeted to keep the banks afloat awhile longer ). I guarantee you. Move towards needing less and less money every month. It is your only viable option.
END
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7 comments:
"the only reason the corporations are even making money right now is that they are profiting by the weakening of the dollar"
You also have to remember that corps plan years in advance & can absorb a lot of losses before they take action. Even at that point, action is slow in coming.
It's the difference between turning a semi and a bicycle...
In 2007 we discussed buying an operable old van, or a junker without motor or drive train to tag as a trailer,as a mobile shelter of last resort.
Bison explained putting a foam mattress on plywood on top of food in 5 gal buckets in the van. You'd have food, weapons, corn mill etc,. and a place to sleep safe from
weather, crawlers and biters. Sounded good to me. I bought a 1991 3/4 ton 4WD Suburban. I cut a hole in the panel on the rear cargo door and can reach in to lock, unlock, and open the door from inside.
Some readers may have been loftily amused at the very idea that the ass might fall suddenly out things and they be homeless, burdened with debt, unemployed, broke, hungry and lucky to sleep out of the rain under a bridge where they and the wife would be easy prey for roving gangs of AIDS infected street scum who consider rape a fringe benefit.
junk van Jan 24 2007
http://tinyurl.com/3l5kwby
junk van 2 Feb 10 2007
http://tinyurl.com/3cumsl9
junk van 3 May 17, 2007 http://tinyurl.com/3ovu2hz
junk land and van living
Oct 20,2007
http://tinyurl.com/3z3eqvu
I may go down as the most optimistic fool in history but I don't see how this collapse is any different from all the other times.
The fiscal conservatives have played chicken with the debt ceiling before. There have been many recessions and many recoveries.Yes, the numbers are higher but so is the asset column and the income.Gross Domestic Product for 2011 is a little over 11 trillion dollars.
Tangible and financial assets are a little over 145 trillion and that's not counting a 150 trillion dollars of real estate.Most of the national debt is owed to ourselves. The treasuries bought by the Fed are non interest bearing and could be written off. That is about 1.6 trillion dollars.
China has less than a trillion dollars in bonds. They don't own America!The fair and balanced boys and their hot cloned blond bimbos would have you believe our investors are pounding down the front door to demand payment. Nothing is further from the truth. They are clamoring to buy more because unlike the tea party they have faith in America.
Let me say that again. China has more faith in America than the republicans. We can borrow a trillion dollars for about 25 billion a year in interest. What a deal! We could borrow another 5 trillion dollars and have 8 years to fix the infrastructure, get unemployment down to 1%, invest in green(solar,wind)and become the leader of the world again! before it cost anything besides interest.In the meantime the deficit would start to go down.
Yes, we need to be more careful in our spending and get some real value for our dollars. Mostly we need to quit all this abandon ship rhetoric and have a little faith in our country.
the rat
"I be trying a chill
They be trying to side with the thrill
No pun intended
Was raised by the power of Will"
- Justin Bieber
You Hobbes look like Dr Pangloss.
I think many wifes are starting to figure out the man has to have a job to collect the child support bonanza.
I know of a case where the exwife who was living it up with her own "WIFE" had move back in with her parents when her husband who may never find much work in the constuction field again was jailed for no support. SHe was was dong things like spending the child support on $100 shoes that were uncomfortablle.
If she had kept the husband around he likely could have scrape out small jobs and low pay jobs.
I really am not so sure collapse is that bad. Alot of amusing thing happen now.
Pervs with HIV is funny. A pal scraoes by with scrap metal, he used to do and do well when the econmy was good. Now it is gone fast. There is a women who lives with the aids infected pervs under abridge who services teh competition in the scrap metal line. She looks healthy and charges more for no protection. He does not bother telling anyone the facts. The oervs and the women use the money to just stay high 24/7. There too stupid to care about the HIV.
Didn't I say something about a slow slide into darkness a long time ago? I'm still convinced we (me and the one&only wife) can somehow keep getting by until we perish, which given our age may be a lot sooner than we would like it to be. Our progeny, such as it is and the rest of our "family" haven't given us much reason to be hopeful. BIGBill
The decline arguably started in the early seventies, or early eighties, depending on which metrics you prefer.
example:
http://reflexionesfinales.blogspot.com/2010/09/hitting-wall.html
They at the very least show that the exponential growth of the industrial revolution had run out of steam.
We just borrowed a ton of money (as individuals, corporations, and governments) to fund the baby boom expansion.
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