LEAP/E2020 believes that the global systemic crisis will experience a new tipping point from Spring 2010. Indeed, at that time, the public finances of the major Western countries are going to become unmanageable, as it will simultaneously become clear that new support measures for the economy are needed because of the failure of the various stimuli in 2009 (1), and that the size of budget deficits preclude any significant new expenditures.
If this public deficit « slip knot » which governments gladly placed around their necks in 2009, refusing to make the financial system pay for mistakes (2) is going to weigh heavily on all public expenditure, it is going to particularly affect the social security systems of the rich countries in always impoverishing the middle classes and the retired, and setting the poorest adrift
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The slip knot is already tightening on us and Uncle Sugar is grabbing our feet and pulling down. Next spring is about right and the ones of us that have listened to M.D. and prepared at least stand some chance of survival. It's coming,we better be ready.
I live in a small urban house with electricity only. could you advise me how I can cook and heat the house and any other tips
thank you
Bill
UK
Bill,
It's difficult to give any useful advice without more details about your situation. Feel free to email me directly and I'll try to help.
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