What was unemployment in the Great Depression? 25% of so? Therefore 3 in 4 people continued to work, even if it was at reduced pay.
I don’t believe a depression today would result in mass lawlessness. I understand your points, that we have a far smaller group of self-sufficient people, and a much larger group of dependent entitlement-demanding people. I get that.
If we have similar unemployment, it means we will still have 3 in 4 people working, who will be foreced into wealth redistribution to pay for the “safety net” for the slackers. I don’t see mass riots and violence coming as you seem to see. I see that more of the money of the workers will be stolen to give to the slackers during the depression.
We will see which of us is right so all I can say is “stay tuned”. I don’t see a scenario for societal breakdown. As long as the politicians cut things like the military (which is coming) and keep sustenance level pay going from your pocket to the slackers, there won’t be widespread sociatal breakdown. That comes from people with nothing to lose, and as long as the slackers have food, power and cable TV, they won’t risk it in a mass riot.
I’m not talking about the unfortunate workers who just can’t find a good job throughout the depression, who will also be supported from tax money collected from the 3 in 4 still working — I am talking about the true lifelong entitlement-demanding slackers who have the “gimmee” mentality to start a societal breakdown.
It was more like 1/3, IIRC.
But there are other differences. What’s coming IMO isn’t just a depression. WHole entire countries financial underpinnings collapsing. And nothing practically of any use or value is manufactured in the US. A couple of generations of fools indoctrinated in schools that teach leftist ideology. Marriages falling apart at a rate not see in the 30s, or even imagined.
I am not saying “mass” lawlessness, but something possibly akin. Have you read “Patriots” by John Rawles?
Well, either way, I'm not going to wait and see. I am insulating my family against whatever happens. Maybe it's just inflation, and in that scenario I am ahead of the game on food and other items.
People get insurance for all sorts of things. And yet when it comes to something really important like being able to eat without relying on others, they never give it a thought and think people like me are kooks.