How Will You Cope With A Lower Standard of Living?

By: Tom Chatham

The forces are mounting that will eventually overwhelm most Americans and send their standard of living to unknown depths. Americans that have only known the post WWII prosperity are ill equipped and educated to deal with depression level living. Easy credit and instant gratification have created a nation of whining, self absorbed, entitlement minded people with no moral or mental toughness.

Doug Casey believes we are headed for what he calls a super depression created by the ending of a debt super cycle. The bigger the debt cycle the bigger the depression that follows. That’s how reality works and most people are not prepared for reality.

When this depression, which has already started, gets momentum, it will overwhelm the plans of a society that is expecting to get things like social security, pensions and payouts from retirement plans they have paid into for many years. All of those things will disappear almost overnight and leave society gasping and stupefied over what to do. Their reactions will be to yell and scream and try to identify who to blame but the only person they should blame is the one in the mirror.

Many very smart people have raised the alarm and done their best to warn the sleeping public, but those slumbering masses have ignored the warnings and hit the snooze button one more time. The masses do not understand economics, do not want to understand economics and they will pay dearly for that ignorance in the coming days.

When the real unemployment rate becomes common knowledge as it increases substantially, people will be left to survive on what resources they have saved up outside the banking system that cannot be stolen by the politicians and bankers. That is a key point here. The assets you have outside the system that cannot be stolen from you with a few key strokes on some computer.

Those hoping for some miraculous event that will send the U.S. back to the days of manufacturing might and jobs for all will never see it happen. Those days are gone. The west line theory tells us our economy will slow down and become more modest as the shipping center of the world moves west to the next powerhouse region which is Asia. This is what history teaches us.

When people suddenly wake up one morning and they have no job, their retirement is gone and they need to care for their family, what will they do? When government services have collapsed and they suddenly realize they are now living in a third world country with few government services, what will they do? When the banks are closed and only a select few connected people have any type of money or access to goods, what will they do?

This is the reality that many people will face in the future and they have no idea how bad it can get. They refuse to contemplate the harsh reality they will be living in and take steps to mitigate the effects. To do so would be to acknowledge it could happen and they are taking personal responsibility. Personal responsibility is a dirty phrase in today’s entitlement society. To see some of the effects one only has to look at the collapse of society in Venezuela today to see what awaits.

When it happens it will all fall back to you to take responsibility for your family and take care of them for the duration. To do that you need to plan now for that eventuality and build up the resources you will need to provide food, shelter, clothing and security when the system fails to do it for you. You need to be Noah on his ark not the people watching as he floated away.

Having resources stored up is a must but it may not get you all the way through if the situation lasts for many years. That is why you need some type of plan to replace those resources as time goes by and have some way to generate some type of income or at least items to trade. Usable goods are for the short term and things like gold ,silver and production equipment are for the long term to help you get through the crisis with the least amount of pain.

Even with proper planning the days ahead will not be easy as the standard of living of society will fall substantially to levels only seen in failed third world countries or old pictures. The assets actually owned by people today is very small compared to how they live. They will default on their home loan, their car loan, and their credit card debt leaving them with very few real possessions and few ways to move what they have left even if they have some place to go. Ultimately these people will become the new serfs to the wealthy class that will take possession of anything of value. Feudalism will once again rule.

The lack of planning by society will make this a reality if it is allowed. What will you do when everything you have worked a lifetime for is suddenly taken away? Do you have a plan to keep what you have? Do you have a plan to make money when you cannot find a job? Do you have a way to take care of your family until things stabilize? Do you have a home you will not lose if the whole system breaks down? What will you do if electricity or fuel is too expensive to buy or not available to the general population? These are the questions you should be asking yourself now and you better have a good answer because your family will be asking them when the greater depression sets in.

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Posted on June 11, 2016, in Economics, Preparedness and tagged , . Bookmark the permalink. 39 Comments.

  1. IT is not a collapse, It is a Natural Selection Event. Those that selected to prepare and defend will maybe, just maybe, survive. Those that selected to ignore the circumstances will hopefully be ignored by the prepper community by not sharing one morsel of food or one drop of water to help them. Please, let nature and nothing else sort this mess out when the ‘standard of living’ is lowered. Frankly it would be better termed, “Standard of Survival”. Thanks for the article.

  2. Nice set-up to have the masses so dependent, that when the rug gets pulled, they will come back begging the government for help, at which point the total slave state came to fruition. It’s been a nasty plan all along, but it will work!

  3. Have you ever seen a video of a family of four riding a motorcycle at the same time? These videos are sometimes posted for people in the US to laugh at. This is more common in the world than most westerners would think. We have a family of four and have four vehicles in our driveway. I would like a new truck and I’m sometimes embarrassed of mine when I see others in brand new or newer trucks. Even though mine works great its just getting old and has a little rust starting. I’m trying to remember to be thankful for all that I have been blessed with and stop looking over the fence at what others have. I have a garden, food and water and my family is healthy and have all their basic needs met and beyond. I live in a country where most of my clothing and many of my electronics are made by slaves in other countries. My friends and neighbors go on as if the stores will always be overflowing with goods and someone will always be there to help in times of trouble, thankful for nothing. I’m trying to say the best way to start to prepare for the worst is to be thankful for what you have and focus on necessities not things to make your neighbor jealous of you.

    • Right you are Armon. So many people forget to be thankful for what they do have. I have a saying. Be thankful for what you have but only settle for what you want. Basically, never stop working to improve your situation but don’t take prosperity as a given.

  4. These are not easy times Tom, and as you know, most are not awakened to the reality of what is to come. I take each day as a precious day and cherish the somewhat normalcy we have right now. I have prepped for around 6 years now, and am as ready as I can be. Hopefullly we have a little more time left, but I don’t believe it will be long now.

    The system in the US is crumbling quickly. This economic Ponzi scheme will implode, as China and Russia implement a gold backed trading system, and as WWIII is at our doorstep!

    The US will be turned into a third world country very soon as martial Law is implemented. There will be civil unrest. Most will perish from starvation, disease, and lack of water. As this happens, all of the nuclear power plants will melt down from lack of cooling and being that no one will attend them. Around 100 Fukushimas melting down all at once. This will destroy this world! Add to that the Earth changes that are transpiring now, and it’s not a rosy picture!

    The one thing you did not mention is faith. One has to be spiritually ready, which means one has to LOOK inside of ones self and find the inner strength, and ask for God’s forgiveness and repent. This is the most important thing one can do. For when all of this goes down, it will be the hand of our creator that will have final judgement on humanity.

    I truly feel with what is coming, between an economic collapse, Earth changes, and the killing of our sacred planet, we are experiencing a 6th mass extinction event. The end of a grand 26,000 year cycle. Everything goes in cycles thru out the cosmos. We are at the end of a timeline as Terrence McKenna summized. We are at the rebirthing point of our planet and humanity, and the only way thru is to Become one with our sacred Mother, and One with God.

    There is no other way out! This planet is dying. Mankind has brought destruction on our Mother Earth thru Fukushima, and the BP oil spill, and geo-engeering the weather. We are out of options except one. The nuclear genie is out of the bottle and will be mankind’s demise. The Pacific Ocean is all but dead, and the Gulf likewise with all the Corexit that has been dumped into the sea.

    This planet is heading to a higher frequency level right now, and humanity needs to sync up with Her. If you want to know why we are here in this moment in time, as each of us decided to come here, it is to experience this 3D world and then go on to a 5D reality where none of this crap will have an effect on the human consciousness any longer. It is time to rid ourselves of this matrix and this system of usury, and let the human spirit fly free, and experience and learn the wisdoms that lie out there that God had wanted for humanity all along.

    There are awakened souls out there that will walk thru a door which is opening soon, and will go on a journey that most cannot even comprehend right now. You see every individual has the power, the Light to change and go another step further into a higher realm of existence. Every human has the power of God inside of them, for He created us in His likeness, therefore we are all gods. Tap into this power and create a new reality. These dark entities who control this matrix know of this power we have. Lose the fear, and they lose you!

    There will be no stopping what is about to transpire. No human can stop God’s judgement. The power hungry psychopaths will not be able to hide anywhere. No million bunker will spare them from what is to come next.

    If you can get out of this country I would suggest doing so soon. I myself am heading to southern Ecuador where I lived for a time. I would rather be One with our Mother Earth, and be spirtually ready, than watch the horror of what is going to transpire. Watching the travesty in Venezuela will give you a glimpse of what is coming here, only on a much larger scale!

    One must be prepared as you know Tom, at least it will help you get thru for a time till the big show starts. My prayers go out to all of humanity. It is a time of sadness yet a time of rejoicing. There is so much despair in the world, it is time to BALANCE things out. For without balance there cannot be Love and Compassion, and Harmony. The time has come for a balanced world as the indigenous people have known for thousands of years.

    When the Eagle flies with the Condor of the south, then harmony will come to this world!

    Look inside and discover where all the power lies. Be still, and empty your heads of this rush rush world, and just BE. If you want to send a message to these economic gangsters pull all your money out of the big not to fail banks, put a moratorium on buying their toys and worthless garbage, and see what happens.

    This reality is just a holographic projection of what they want you to believe, just like Plato’s Allegory of the Cave. Create your own reality!

    TimeTraveler

  5. Obama’s “fundamentally-ill” transformed America to Amerika.

  6. John 3:16

  7. How does the Fed and the government create book entry money and profit the Wall Street bankers?

    The FRBNY receives a Treasury security from the government and then makes a line-of-credit (book entry money) which the government spends. The security is sold at auction. If the money went to the government, it would cancel any increase in the national debt. The only other destination for the money is to the (unknown) owners of the Board of Governors.

    The FRBNY has exclusive control of these auction accounts Ref 31 CFR 375.3. They are client accounts—not operational accounts. They have never been audited. They embezzle $6 billion daily that legally belong to the government. Ref.

    Instability is a by-product of the Ponzi scheme that will result in self-destruction of the global economic system.

  8. Professorlocknload

    This “Collapse” will not take place the way most imagine. It won’t be sudden. It will be a process that may take many decades, maybe even a half century or more. As it evolves, the best made preparations will be rendered useless. The critical thought processes and skills to navigate the twists and turns in the chain of events will be way more valuable than simply storing and stacking things today, believing they will apply to a future that is entirely unknown.

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