What Could Happen: The Collapse of Big Cities, Big Governments and Subsidies

Whiskey & Gunpowder | 2-27-09 | John Stott

[Jerrybob]

I am not trying to be an alarmist, but I am worried about a lot of things. I just have to imagine what the chain reaction of the current downhill slide of the world’s economies can bring. Here’s what I imagine can happen in years to come:

Pensions will go bankrupt or be a shadow of what they were before, causing millions of retirees to be broke and maybe even hungry, with no recourse. Stocks and gold will probably cross at about 3,000. Robberies of banks and citizens will increase many fold, and make the streets of big cities dangerous. The danger will cause movie theatres, night clubs and restaurants to do poor business because of citizen fears of venturing out at night. Cars not in garages or in some way protected, will be subject to theft, break ins or stolen tires and parts, especially in big cities.

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The big cities, with their large numbers of out of work minorities, will become extremely dangerous places to live, and there will be an exodus to safer, small towns, by those who are able, even if it means selling a big city home at a sacrifice price, just to be safe. The infrastructure and utility providers in big cities may become insolvent or fraught with vandalism. Out of work minorities won’t be able to pay utility bills. Without electricity, gas, or water, even for a short time, life can be extremely difficult, and especially in a high-rise building or multi-storey apartment.

[Just another Joe]

Keep it dry. Low humidity.

The cold might help some but just low humidity makes the most difference.

[diamond6]

Thank you!