Your right most likely.
Assuming we don't have an asteroid impact or something the species known as man will "keep on keeping on" as Joe Dirt said.
Most likely scenario is that this country and others will experience very hard financial times and probably will experience a severe economic
collapse. Many countries are linked economically so if one major player goes under then most likely they will drag down others with them.
history shows that when governments do what they are doing today it leads to hyper-inflation so I see no reason to expect otherwise.
Unemployment will skyrocket to the point people will pray for what we have today. Prices will inflate to crazy levels and all but the richest,
luckiest or best prepared will be able to pay for needed items.
It sure is nice to have smart phones, cable TV, video games, nice vehicles, internet service and eat out a few times a week but when you get to the
bottom line all we really need to live / survive is shelter, food, water & air.
So far air is still free.......
Shelter can be a s little as a tent which is cheap.
Water is abundant if you know where to get it and purify it if needed
Food is getting more expensive weekly and may get to the point during a collapse where most can't afford enough of it
I have stored enough dry goods (wheat, rice, pasta, beans...ect) to last my family for 9-12 months and have enough seeds stored (heritage seeds) to
grow very large gardens for a few years.
We also have canned goods (store bought & home canned) that will last for about 3 months.
I just recently moved from the city to a country setting where we have our own well so water isn't an issue.
You also have to put some thought on defending what you have or it could be taken from you, we have that covered also.
If you live in the country or even a suburban setting where you have a yard it isn't very hard to prepare to supplement your food source.
I don't want to say people who live in the cities are doomed to suffer, but I don't really know how they will be able to grow food adequately to
survive and there will be so very many competing for what resources they do have there.
I know it's easy to say and harder to do but my advice to those that CAN do it is.........
Get rid of as much debt as you can and don't owe on any loans or credit cards
Move to a more suburban / country setting,
Learn to grow your own food as much as possible
Have a well
Store enough food to get through 6-12 months
Have a way to defend your family and what you own
edit on 30-11-2011 by mwood because: added content