We're all doomed!!! We still haven't woken up to how much poorer the West is going to be in the future... | Mail Online: "A friend announced at lunch last week: ‘I’m now self-sufficient in vegetables.’
I responded flippantly that it must be nice for him to be able to afford them, since those of us who grow our own cabbages cost them at about �1 apiece.
‘No, no,’ he said seriously. ‘The garden could be important if the crunch comes.’
My companion is no refugee from TV’s The Good Life, but one of the cleverest men I know — you have probably read one of his books or seen the film.
He spent the next hour talking me through his scenario for a collapse of the entire Western financial and commercial system: ‘Do you realise that every company in the land including the supermarkets operates on 24-hour inventories?
‘Nobody holds reserves of anything. Just imagine what life would be like, if you put your card into a hole-in-the-wall and nothing came out — there simply wasn’t any money.’..."