This is a post of such high quality and that contains so much absolute truth, written in such an eloquent and yet concise manner, given all the information it communicates, I had to check twice to see if I had wandered onto another site.
Awesome post, I wanted to put this info myself. Just too lazy and I could not have done it better anyway.
Not many realize that the Great Depression had been raging 10 years before 1929 in rural America, long before those in cities had a clue. The city slickers scoffed at any mention of the rural crisis, thinking they were immune, plus they got their food at the store, not a farm! Then it hit. Only those that had plenty of food to eat were farmers. Ironic. Grandma used to tell me stories of the Depression, how she used to feel so grateful for food where those in the city had nothing. My grandparents lost 3 properties in a row during the Depression, but kept on trying. Grandpa walked on foot all over the state to find work. Most arrogant, cocky, punk kids today don't have what it takes if it gets that bad again. There will be no order. They will be stealing from those that have prepared for this unnatural disaster, as those that have prepared will be the only ones in a position to survive. Be prepared bond trad3r. You are in line with all the other dominoes.
the UAW & the car companies screwed themselves. the less they sell, the higher the legacy costs are per vehicle that they produce. stick a fork in 'em. I can remember my Mom had a Union job & she was against it when they were forced to strike. She routed freight and they were replaced almost immediately by lower wage workers... She never really recovered from losing the Union job. She believed that she was fairly compensated, but the Union wanted more. The States that survive best will have the lowest tax structure (and expense) and will be the least tolerant of welfare types & illegal immigrants. My business is suffering & I am considering retiring early or moving to my retirement area & working PT as an independent contractor. I'm looking at WA or NV. I prefer the weather in Reno/Tahoe to WA, but I think they may have water issues. Cali is a mess.
There is a lot of engineering talent (people and schools) left in Michigan. If they break the unions for good so that wages are competitive (i.e. low), the state gives the same tax breaks that southern states are giving, I can see foreign and domestic companies coming back to Michigan eventually.
Not much of a problem in So Cali. You do get messy surfing but you can take a shower right on the beach and you are ready to go. Clean as whistle. Check out La Jolla CA. Doesn't get much better than that. (if you have the cash for it). I hope you like rain and 8 months of bad whether if you are going to WA. OR is considered to be much dryer than WA and I can tell you in OR in rains allot. I mean allot.