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Neo-classical geography


Last Edited: March 9, 2009, 7:55 am

By Eric Janszen

Most reasonably aware North Americans have, like me, watched this mess develop for over 20 years. Credit was substituted for savings. Two incomes were substituted for one. Other people's savings were substituted for our own.

These past 20 years have been like a long bus ride into the middle of a desert without food or water, with the driver all along telling us that, no, we are not heading into a desert but traveling along a long stretch of beach that leads to an ocean with palm trees and swimming pools, we just can't see the water yet.

All along the way the skeptics look out the window and say, "We're going the wrong way," and, "Shouldn't we turn around or at least stop to pick up drinking water in case you're wrong?"

"Stop being so negative," yells the driver over his shoulder. "You don't understand neo-classical geography."

Meanwhile, the rest of the passengers in the bus sit watching Survivor on portable DVD players or reading about Britney Spears's hairstylist in The National Enquirer.

One day the bus runs out of gas. The driver gets out, looks around and says, "How about that. Here we are in the middle of the desert without food or water. Who could have known?"

He pulls out a cell phone and shortly a helicopter rescues him and his friends, leaving everyone else behind to fend for themselves.

The End

Postscript: Our leaders have driven our economy to the place economies eventually wind up that run on credit, discourage savings, and sold off productive capacity needed to generate new savings. Our readers have not listened to them but have saved their own food and water, metaphorically speaking, by staying out of debt and increasing their savings, even if this was not what everyone else was doing. Good for you. On the other hand, readers who are expecting a Mad Max world need to get a grip and re-read Are You a Doomer? Law abiding citizens do not turn into criminals overnight. Your town will not be run by warlords. There will be no wandering hoards of looters or ox-drawn Rolls Royces. That's Y2K stuff. Try to keep it in perspective, folks. Everything is going to get really, really slow for a while.

active links and replies: www.itulip.com/forums/showthread.php?p=79157

Entry #218


konaneComment by konane - March 9, 2009, 8:56 am
That sums things up about as well as I've read anywhere!
Rick GComment by Rick G - March 9, 2009, 10:32 am
Mr. Janszen's allegory about the bus driver was very good. However in the post script he becomes the bus driver.

Call me a "Doomer" if you want. I prefer to call myself a realist and the one thing I learned from boy scouts is to "be prepared".

Argentina's economic collapse in 2001 was caused by the exact same things that are causing our collapse: DEBT, loss of manufacturing, corrupt bankers and politicians, etc. Here is a documentary on the causes of the collapse. You only have to watch the first three segments to get the idea. It's subtitled in English but if you didn't know he was talking about Argentina, you'd think the documentary was about the U.S. in 2009.


Although Argentina is a much smaller country, the parallels make a good study. It can be argued that the bigger they are, the harder they fall, so I wouldn't dismiss the comparison.

Here is a first hand account of life in Argentina after the collapse:


Since September, I have been quietly urging my friends and family to prepare for this inevitability. Things like using what extra money you have to stock up on canned goods, grains, buying a gun even if you don't like guns, etc. The first hand account above reinforces everything I've been saying.

Mr. Janszen says people don't turn into criminals overnight. That's true but he left out one important adjective. STARVING people WILL become criminals overnight. You say that can't happen in the U.S.? Argentina was a "breadbasket" too. Their agriculture broke down for the same reasons as ours has. One of them being corporate/government control of the food supply (Monsanto, public enemy #1 to the food supply and small farmer).

This is no Y2K scare, it's the real deal. I urge my friends here at L.P. to go to the link above to see how an economic collapse may affect you and start preparing....just in case the many "doomers" on the subject are right. If they are wrong, you've only invested in things you will use anyway.
time*treatComment by time*treat - March 9, 2009, 11:07 am
Monsanto is joining the S&P 100. People who still have 401Ks will be investing in it whether or not they want to.
Careful, Rick, last time I criticized a big namebrand company, I was taken to task about how the stock had recently "soared" ... off of its 52 week low... after a rule change barring the shorting of its shares. It has continued to become a better "bargain" each month since then. :)
konaneComment by konane - March 9, 2009, 11:48 am
Big companies starve out smaller competition for just those reasons. I though permitting all the takeovers and buyouts back in the 80's-90's was a stupid policy on the part of our government. It's now proving to be true, Citi being a prime example.
Rick GComment by Rick G - March 9, 2009, 12:54 pm
time*treat, good point...Monsanto may be a wise investment right now. Kind of like investing in defense contractors (like all the criminal elite do)...you hate to do it but you know you'll make money on their perpetual wars.

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