It's time to re-watch the old "Mad Max" films. The world economy is about to change quickly and citizens of the USA and UK will pay a dear price when it does. The faithless, liberal, peer-reviewed climate scientists postulate that a dramatic climactic calamity associated with global warming might be the cessation of the Gulf stream. 60 million English people will cool off fast after that. The Gulf of Mexico will heat up nicely and spawn massive hurricanes which disrupt exploration, production and refining of oil in the most productive areas of the USA. The huge mal-investment we have made in F350 duallys, et.al., is becoming worthless and someone is going to make a fortune converting surface streets into bike paths. We Americans are apt to be as destitute as Russian and Chinese peasants were in the 1950's. So, foreign companies will build the 750cc, 3 cylinder go-carts that wealthy Americans drive to their jobs at Wal-Mart (America's premier source for Chinese made goods) and the rest of us will commute to our jobs at the salt mines on our bicycles. Natural disasters are bad but the Government's looting of our paltry savings will be worse. Remember inflation (and stag-flation)? The roller coaster is about to leave the station and it will be a wild ride. People and organizations that are highly leveraged are about to go bankrupt. The rest of us will see our savings become worthless (think Germany in the 1920's). It will really be bad when some disturbed politician or military commander (think Gen. Jack D. Ripper) decides it is appropriate to blackmail the Arabians or the Chinese with nuclear weapons. That could get ugly. So, stock up on gasoline, propane for the grill, MRE's, water, m16 a2's for all the family members, warm clothes, lots of solar cells and batteries, seeds, hoes, horses, chickens, pigs and bicycles. Don't let your neighbors know your plan. We are apt to be recovering continuously from a hurricane, a pandemic, a stock market collapse, a riot of the unemployed, a cessation of electric service or an attack from foreign or domestic insurgents. All who now hold government jobs will be unemployed. All the big suburban McMansions will become rooming houses or funeral homes. My advice: buy gold and move to Argentina (or Brazil if you find Portuguese as musical as I do).
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17 years ago