Reply #4: Grapes of Wrath [View All]

[tech3149]

My view is something closer to 1929. Too many people are carrying a lot of personal debt and don't live where they could sustain themselves on subsistance income. Add to that, most people don't keep the close familial ties so there's no one to help them through the hard times. Another aspect that won't help is the limited skills that people develope. In the 20's to 50's it was the norm that you would be able to build or repair your house or car or any other basic aspect of life. Today most people have developed the skills they need for their job and pay someone else to take care of their basic needs. I don't know that it will be as bad as that or worse, but I think that those that will do best will be those that can take care of their basic needs or can profit by doing the same for others.