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I’ve been expecting an increase in crime, but my theory is that most of these people who have been out of work for months and months aren’t the type who turn criminal. When my husband’s electrical business was floundering, he got discouraged, but nothing in a million years would have caused him to start burglarizing homes or holding up convenience stores. Most of these people just get more and more desperate, quietly. They sell off everything they can, cash in everything they can, and wake up each morning hoping for a miracle.

Eventually they will have cashed in every chip, borrowed all they can and slept on every couch that would have them and a miracle still won't arrive in the morning. What then? You can bet these folks won't just quietly starve to death. They'll find some way, any way, to put food in their bellies. That's when we're going to be in big trouble.

Eventually they will have cashed in every chip, borrowed all they can and slept on every couch

I have never seen so many Americans so hateful of tens of millions of other Americans who have been economically gang raped by this meat grinding economy...

Ten of millions have lost their businesses, jobs, careers, investments, savings, retirements, and the very roofs over their heads...

These threads are beyond believe...full of dip sh*ts that believe most Americans are nothing but lazy no good couch hounds....

What do you think all these millions of Americans were doing just 4 or so years ago? Oh, that's right, they were like everyone else, paying their bills and working hard...

Ya think 20 plus million Americans suddenly became lazy?

Gezzzz...

Do you ever read the “Surviving Argentina” blog? The writer talks about seeing families settling around a dumpster for their evening dinner, trying to pretend life is normal. He said that sight is even more heartbreaking than the sight of dead bodies. I disagree that everyone who becomes desperate will turn to crime. We’ll see far more people living on the streets and more hobo camps with formerly middle class families.

If people want to avoid this turn of events, the time to fight is right now. Now is the time to get a second job, learn new skills that will become a source of income, think in terms of many different streams of income, not just a single stream.

The Surviving Argentina blogger was able to avoid that slide into poverty because, based on what he has said over the years, his dad was a savvy investor, bought rental property, and was able to leave Argentina himself when times got really bad. I’m sure he has also been able to financially help out his son, the blogger. Of course, the blog is now a source of income as are his two published books. He’s a smart guy and has learned how to stay safe and make a profit in the middle of a financial meltdown.