You are viewing a single comment's thread from:

RE: Economic Alert, It Has Begun, The Collapse Is Spreading State By State - Episode 1321a

in #economy7 years ago

It will be a slow burn in Illinois until there is nothing good left. Illinois is a huge geographic area that has a lot of farmland as well as a lot of people. Farmers are not going to leave their family farms to start over somewhere else. Getting into farming is too expensive to start over. Most people are close with their families and don't want to leave them. Or if you are caring for an aging parent, you really can't leave them. Change is scary and most people don't do it. The things that cause people to move is no opportunity where you are at or better opportunity elsewhere. Just cause Illinois sucks, doesn't mean that Wisconsin, Iowa, or Indiana are really doing any better. So people will hunker down and just pay higher taxes until there is no money left and they get kicked out of their homes. All the while the rich get richer and the poor become worse and worse off. In the Great Depression, there wasn't the credit that there is today. So everything fell apart faster. Now with all the credit that can fill in gaps, it hides a lot of the junk and keeps things going. But the problems aren't being solved, only pushed off and made bigger. It will explode at some point. But we are all to worried about ourselves to see it clearly.