Interesting thread. I don't have time to contribute a bunch, but a couple of thoughts.
If there is a "financial collapse" (which in and of itself could take several forms with slightly different effects and consequences) figure the
1. Prices, unemployment, commidates prices (including fuel and food) all skyrocket.
2. The government closes or restricts the banks and possibly purchasing. Runs on both banks and food occur.
3. Austerity measures limit government services, including utilities. There will be power and water available (possibly even at no charge, just to
prevent total anarchy, but only in limited amounts and at limited times).
4. The welfare checks stop (or the amounts provided won't cover anything) so the inner cities and low socio economic areas implode. Government likely
WON"T step in, they will essentially let the problems "eliminate" themselves, and will only prevent movement out of the poor areas into the middle and
upper class areas, at least at first.
5. The suburbs and middle class will likely fair ok, for awhile, but some of them may collapse into anarchy too. this is when the real martial law
6. After about 30-60 days of anarchy, the debts, at least national and government and large banks will be reset to zero and the global currency will
step in, and likely with it some form of global governance. Likely this leads to everyones NWO.......BUT....you may have eliminated debts, and
substantially reduced the welfare class, which has become an economic drain instead of a contributer. ( I am not advocating this, but I could
certainly see it happening). Of course the upper middle class then becomes the new "working" class....which sets up all sorts of interesting
Could pan out several other ways too. For example. My personal thought is while the US as a whole is doing bad, some states are doing farily well.
Oklahoma and Texas have oil, natural gass, wheat, corn, cattle industry....that's food and fuel, economies based on NEEDED supplies. The economy in
these places is doing fairly well. Texas especially has it's own electrical grid. States like these might secede and try to go on their own, or as
confederations, maybe start printing their own money and selling their products out right. Could get REAL interesting.....
edit on 30-4-2012
by SrWingCommander because: clarification.