What if...

[Bodhi Dharma Zen]

I wonder, what would happen if the scenario of reaching the point of the great depression becomes real. No, this thread is not about "we are not there yet" or "that will never happen". It is an hypothetical question about what would happen.

 

[balrog666]

I wonder, what would happen if the scenario of reaching the point of the great depression becomes real. No, this thread is not about "we are not there yet" or "that will never happen". It is an hypothetical question about what would happen.

People with large stocks of food and guns+ammo (and a fifty-year-supply-of-cigarettes) wouldn't have to worry.

Everybody else would run amok until they died. The End (for them).

Meanwhile, there really would be a mine-shaft-gap!

Also, the subsistence portion of the third world economy would expand militarily to take over the village next door and finally oppress those godless bastards!

Hilarity ensues when they all find out it was a great big hoax!

.

 

[Bodhi Dharma Zen]

.

So, you don't believe it is possible. Note that the goal of this thread is not to attempt to prove that is possible, or to claim we are heading in that direction, I'm just curious about what would happen.

Compared to the last century, we have all our technology.. it should serve some purpose, maybe we would get out of the mess a lot faster? Would the masses change their minds regarding whats valuable and whats not? Would some nations become fascists? What would happen?

 

[rjh01]

I think we will find electronic equipment (TVs, computers, music players) and other stuff are not needed and people will stop buying them. Car makers are also in trouble. People will stick to their old cars for a few more years and then buy smaller cars.

Then suddenly people will all find they cannot exist without buying new equipment and the depression would be over.

 

[Gazpacho]

I wonder, what would happen if the scenario of reaching the point of the great depression becomes real. No, this thread is not about "we are not there yet" or "that will never happen". It is an hypothetical question about what would happen.

In that case, I would hope that the industrial countries don't repeat the following Depression-era mistakes:
- Freezing intergovernmental debts
- Broadly telling companies to screw their shareholders

 

[Drewbot]

I think it will be like the parade scene of Animal House.