One of the things that is happening is that we are in a period of deflation internationally. At this point in time, in history, most nations are fighting problems with too many people out of work, in debt and with too much “stuff”. Warehouses in China aren’t the only places that are filled with “stuff”. There has been a tremendous amount of over-production and we are in the process of destroying assets.
The problem is that people need to still work as we go through the period of deflation that is trying to happen. Banks, businesses and companies are trying to make money and the secret, in my opinion, is to let deflation happen and rebuild slowly as things settle down.
Regardless of the debt that people and nations have, it is all a relative value. Does it matter to you if your share of the Federal debt is $300,000 or $300 if you are out of work and hungry? That’s right, it doesn’t make a bit of difference, does it? The number one thing that has to happen is to create more jobs.
It is happening and slowly but we have to get our values readjusted along with this to be comfortable with living with less. Sales of my book on Practical Money Making are up because people are looking for suggestions on living on what they have. People are saving more and we need to return to more of a community mindset where we are concerned for what is happening locally with our neighbors and what is going on around us. Sure, it is great to be concerned with what is going on internationally but as local infrastructures break down (and that includes the people in the communities who need work), we need to channel our attention and energies to helping people around us.
This isn’t touchy feely talk. It is a practical consideration. I want my neighbors to be working, well fed and healthy. There will be less chance that they will try and break into other houses, commit crimes etc if they aren’t getting their basic needs met. The same holds true for my neighbors in regards with me.
People are realizing that they can get by with less stuff and are going to greater lengths to get things “eee”ed. By “eee”ed I mean as in “free”. One of the things I am looking into is time banks. I will let you know as I go forward my thoughts and experiences with them. That may be a great way to get services especially for people who are out of work, disabled or just need somebody from the community to help them out! The American spirit is one of helping one another out. My direction these days to get the focus back on the people local to us.
As a quick note, tax season is coming up in a few months and if you need any advice or suggestions please drop me a line. Thanks for reading my posts and keeping me popular!
Kim Isaac Greenblatt
Learning To Live with Less