An American’s take on Greece, Austerity, and World Economics.

Austerity measures have slashed services, wages, and jobs. So many people are out of work or making half the income they did before for more work done. They don’t have the money for goods and services so businesses are now unable to pay their taxes.

People are fleeing the cities and returning to the towns and villages they or their parents originally came from. They are seeking out relatives in these small places while they find a new place. They are taking up smaller jobs and spend much of their time tending gardens which is a major reason for this rural exodus.

If you have tiny home with a garden plot you at least can grow your own food. You may also have space for some goats or chickens. This way you can have dairy and protein.

Austerity measures don’t work and made the problem worse. They needed a better solution and it may be too late now for anything to really do any good. Going rural will be a solution to the food problem. But I think countries on an Austerity Plan may end up slipping backwards into a type of third world status.

This kind of fits in with my Tipping Point blog. While it is mainly about ecology and resources, a part of the issue is the basis of the world economy. The economic engine is based on spending which is why businesses and companies have so much political power. And they seem to be the reason that consensus on environmental issues seems to be a total failure.

As long as the economy is based on spending and people have less and less because big business is tying up most of the world’s money, austerity measures will not repair a broken economy but actually make it worse. People are going rural to save money but they will probably keep the smart phones and computers in order to stay connected and try to find ways to do distance work, create work, or simply job hunt.

Lower quality of living and health with high-tech toys. Although, the rural people who have home plots and an animal or two that can produce a renewable food source may end up having a higher quality of live as those in urban settings get worse and worse.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: