What if everything goes to Hell in a hand basket, but the basket remains (more or less) intact?
Isn't that pretty much what happened with the Weimar Republic? Sure the whole affair was pretty much TEOTWAWKI (The End Of The World As We Know It) for the German people, but the fabric that held their lives together held (with a few major rips and tears) until another government took over. People had jobs, the trains and trolleys ran and government services staggered along. In other words people coped.
When we look we see pretty much the same thing happening time and again. Major disruptions major changes, but the majority of the population doesn't flee their bungalows in the burbs to go live in a bunker in the bush.
So why is it that we Americans feel an economic collapse would inevitably lead to riots and burning cities with the majority of the population fleeing to the countryside?
I'd like to postulate that it ain't a'gunn'a happen!
I suspect if the U.S. dollar's value continues to plummet people will adapt to the new situations as they occur. As long as the water is on people will want to sleep in their own beds at night even if they have to pile on the blankets to keep warm or eat a meal, cooked on a hibachi, by candlelight. As long as they can flush the toilets they'll stay.
Think of the Great Depression not Mad Max.
I'm going to slant future columns toward the supposition that people pretty much remain in their homes with diminished governmental services.
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