Welcome to the New Depression

I am not much for reporting news. I stated this blog not so much to report on current events but to warn of impending disasters. Today we saw the announced layoffs of nearly 72000 people country wide. That was simply the ones that made it into the news. I wonder how many thousands of other people received a layoff notice today. 

It was one thing to predict and plan for a serious economic downturn. It is another thing to watch it unfold. When I started to realize what was happening in 2005 I honestly had no idea that things could ever get as bad as they are. The sad realization is that we are nowhere near bottom. This economic depression has years to play itself out. Nearly everybody on the planet will feel the terrible effects of the New Depression. 

Depression is perhaps not the right word for the situation that the world finds itself in. The very word conjures up the landscape of the 1930s. Today’s economic situation is very different from that of the 1930s. The world was not exactly coupled to our economic well being. The United States was a producer of oil not a consumer. When things got really bad people could go back to the family farm to make a living. Now days we live in steel hives and concrete labyrinths. There is no place for anybody to go except for the streets.

 The only people that are going to have any kind of hope will be those that can hold onto a dwelling. Those people that can ensure their own food security will have a chance. The people to fall into the New Depression first will have very little chance of making it through to the other side. The trick to surviving in today’s world is to outlast your neighbors. In a survival situation that is going to mean doing whatever it takes to make it out alive.