Can You Afford the Future?

Sunday, March 17, 2013
Posted in category Economics

Chris Martenson has published an excellent piece on Safehaven.com on why Americans can’t afford the future.

And the truth is: The three adult generations in the U.S. are suffering, and their burdens are likely to increase with time. Each is experiencing a squeeze that is making it harder to create value, save capital, and pursue happiness than at any point since WWII. At that point, we were a creditor nation with an economy exploding into dominance on the world stage. Now, however, the U.S. is the largest debtor nation and our economic hegemony is increasingly at siege across a number of fronts.

From retirement to medical care to taxes to inflation (I repeat myself on the last points), Americans are woefully underprepared to live in the future in a prosperous manner if defined by monetary means. Martenson argues that prosperity should thus be redefined to include human relationships, physical and emotional health, self-sufficiency, and general happiness. To reach that new prosperity he recommends simplification, living below your means, cultivating resiliency, getting physically fit, bartering, and one of my favorite recommendations: considering multi-generational living.

As an interesting sidebar, scroll down to the very bottom where the author has posted his ‘before’ and ‘after’ biographies.

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One Response to Can You Afford the Future?

  1. Pam Maltzman says:

    March 22nd, 2013 at 3:10 am

    No one tells you, when you’re growing up, that simply staying alive, fed, and sheltered will take every last penny you can possibly earn, and then some. We’re getting the h3ll out of Kalifornia partly because of the high cost of living hee.

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