Prepare for events to 'move like a flash fire instead of an organized retreat into poverty'

From Thievery 101 by Mark Sircus:

Taxpayers, senior citizens, and everyone who is even near approaching retirement are facing their own Waterloo. Bondholders are going to be competing with the pension beneficiaries for scarce government resources on the local, state, and federal level for there is just not enough money to pay everyone their due. Already Social Security is failing the elderly by not keeping up with inflation, but that is just a whiff of what is yet to come.

Big U.S. cities and counties are being put in a headlock by unfunded public pensions as they face a $574 billion funding gap. The gap at the municipal level would be in addition to $3,000 billion (3 trillion) in unfunded liabilities already estimated for state-run pensions, according to research from the Kellogg School of Management at Northwestern University and the University of Rochester. The financial demands of unfunded pension promises come as state and local governments grapple with years of falling tax revenue related to the recession.

The government has to do something so they will probably do what they do best—steal from the common man and give it to the rich. Until the very end when the system just collapses in on itself, we will see evermore-desperate plans to save the sinking ship. Actually, according to some, it is really not a rescue attempt but just efforts to give the “rats” more time to abandon ship, leave the country, get into gold, build underground shelters, and have more fun at everyone else's expense.

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If you have not figured it out yet, a lot of people on this planet are owed a staggering amount of money. These people are divided basically into two classes. There are the bondholders (the rich) and the rest of humanity, who are owed pensions, health benefits, and governmental services including infrastructure investments as well as teachers for their children, librarians, fire, policemen, and judges to protect them from thieves. It is an illusion and a heartbreaking fantasy to expect that there will be money for any of these things, and that is what civilization collapse in our modern times is going to be all about. There will be a breakdown in currencies and the entire financial and money system because the system cannot hide forever from the massive lack of money (unless printed in stupendous amounts causing a hyperinflationary collapse).

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In the end, contemporary capitalism has not been about the freedom to achieve financial security and get ahead based on one's efforts. It has been about theft and destruction and an evil that is centered at the very top layer of humanity. All of us who believe in the system and walk around smugly and comfortably are voting for the thievery to continue and for the rich to get even richer, or for them to at the very least keep what they have stolen, not only from the rest of the planet but from mother earth and our precious environment.

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