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I recognize that 1) we are living the financial consequences already; 2) there are 50 threads analyzing causes and hidden agendas; and 3) the "crisis" might be deliberately exaggerated to enable the BFEE to complete their destruction of the govt. I also realize that this is occurring in the context of our having reached peak oil (in all likelihood) and very spooky global climate change. And, if McCain/Palin are selected through election fraud, all scenarios go from bad to worse.
But could we start a practical list of pretty-bad scenarios that might affect, in the next 24 months, the five economic " quintiles," except perhaps the top 1%? I've followed peak oil listservs, and while there's an abundance of advice about permaculture, root cellar creation, canning, goat raising, global die-off (it runs the gamut), it's not exactly providing a realistic (for me) roadmap for the current situation.
From what I've gleaned so far, we might reasonably expect 1) inflationary depression, which means an acceleration of trends this year, including 2) increasing unemployment (no hiring, massive layoffs, with few funds for unemployment) 3) lower purchasing power of dollar in general 4) skyrocketing costs of energy (and perhaps shortages, rationing) 5) skyrocketing costs of food (and perhaps shortages, rationing) 6) increase in theft and violent crime (not the Wall St variety), including by those who've barely making it to begin with during "boom times" and are just trying to feed their families the only way they see possible 7) inability of almost everyone to get "credit" to repair anything, go to school, start a small business . . . 8) devaluation of private retirement accounts so that seniors are even more economically stressed and yet can't get jobs because they're going to the 30-somethings 9) continued escalation of health care costs
I could go on. . . I guess a lot will be derivative (oh that word) of these.
So, my strategy for dealing with peak oil so far has been to move near a capital city but in a smaller walking area in a nearby town, where there are farms within 30 miles, and the climate remains pretty stable. I've thought I'm going to have to concentrate on building more relationships within our community association so that we're collectively working on edible gardening, rain gardening, collective safety, bartering, carpooling, etc. I'm a single mom and can't "homestead" it on a plot in Western NC, although interestingly my daughter's 2nd grade teacher moved down here from NYC precisely to buy one acre, prep for peak oil (gun lessons, chickens and all), while enjoying the Triangle's metro area. I can't live that way, but the best way I've been able to plan is to think in terms of probable slow crash situations with prayers for technological breakthroughs.
If Palin gets in, I'm thinking I need to move my daughters, my native Canadian ex-husband, and myself to Canada (I can't keep the image of the Handmaid's Tale and the daughter being abducted at the Canadian/US border out of my head.) But that seems cowardly. African-Americans down here have had to put up with a lot worse, as my liberal mother reminds me, and we need to damned well stay. Perhaps.
But, without too much disasterizing and some specifics, could people try to predict the short and intermediate term daily consequences for the phantom middle class (and lower class) so that we can prepare ourselves if necessary? Maybe if only for the next eight weeks?
Is Dodd afraid we'll all make a run on the grocery stores? Will schools close? Will hospitals close? Will crime run rampant throughout the streets because city services are bankrupt? Will our power systems fail?
What's the horrid thing that's going to happen in one week? Will civilization come to a halt in a fast crash scenario?
Yes, this is the trillion dollar question, but it seems we could give each other some practical advice about how to prepare, sort of like for a hurricane, except a long-term to permanent one.
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