Marc sent me this short, autobiographical piece. It’s heartbreaking, scary, and timely:

My wife and I fell through many layers of poverty in a few months. First we revisited the genteel poverty known to grad students, the sort of poverty where you have scary dreams about the rent and eat a simple, wholesome diet towards the end of the month. But we fell right through that into the sort of Dickensian privation spoiled first-worlders like me never expected to experience. That’s the kind of poverty a lot of people are going to be experiencing soon—because I’m here to tell you, it can happen here and it can happen to you. And it’s remarkably unpleasant. You may be saying “Duh!” here but you’re probably not imagining the proper sort of unpleasantness. So I’ll try to lay out what to watch for, how to hunker down when it’s not just a matter of cutting back or selling your second car but having no car at all, having no money for heat or food.

Look beyond the heartbreak and scariness, however, and you will find some very, very pragmatic pieces of advice. If you want more, check out this guy’s blog which I wrote about a long time ago.

Related Posts:

• Flying Killer Robots To Patrol US (March, 2006)
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• increase in value begets increase in sophistication of strategies to capture that value (December, 2005)
• Mass Production is Egalitarian (October, 2008)
• wheel of fortun-ate economic circumstances (November, 2006)

This entry was posted on Thursday, October 16th, 2008 at 2:35 pm and is filed under doomsaying, economics, society. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.