Charles Hugh Smith offers his vision of what total economic collapse might look like. I particularly like his phrase “protected fiefdom.” That’s as apt a phrase as there is to describe the various classes of parasites that are sucking us dry. In an odd way, the prospect of an emergent underground economy and implosion of the large institutions that have caused the calamity is cause for hope.
“Here are a few key trends which will gather momentum in 2010–trends drawn from the Survival+ analysis.
“My purpose in writing Survival+ was to provide a coherent account (i.e. an integrated understanding) of the powerful trends which are working beneath the superficial surface of our economy and culture.
“Survival+ explains why the status quo is doomed, and illuminates the mechanisms which doom it. It also describes “the way out”–we must each put our energy into constructing a parallel, transparent, self-organized, re-localized system which is entirely legal and entirely independent of the failing, doomed status quo which is stripmining the productive to enrich the public and private Elites (file under “Fall of the Empire, Roman and other”).”
Read more at OfTwoMinds.com.