Reno Nevada Collapsing?
Reno officials are preparing to lay off 20-30 city employees in March to cut $2-3 million in expenses to balance its budget. Property taxes and franchise fees are coming in at a rate less than expected.
Expect this trend to spread around the nation as credit to the private sector becomes tighter and tighter.
It is not the end of the world, simply the end of a world as we knew it......and the beginning of the Udderworld.com
Many of the current functions performed by people will be transferred online.....mail, education, banking etc.......a lot of it is occuring right in front of our eyes.....and many of these transitons will will result in a more sustainable and efficient system.
The convulsion will come during the transition as most of the revenues and functionality of our current economy is still based on an industrial model and industrial legal system. In order to keep the system functioning, we are borrowing unsustainable amounts of money.....but without such borrowing the system would collapse.
Now the question is what are our legal rights during this transition period? What our is our liability to a insolvent government? Government must be sustained....and what are our obligations to sustain it in order not to fall into anarchy?
Again, this is not the end of the world....but the end of a system as we knew it.....and collectively we will all have to find a solution....or collectively, we will all fail.