So the place is unstable and the decisions that will be made in crisis unpredictable. What's a Feline Theocratician to do? How should I advise our kids? My basic thoughts have been to double down on what we teach them already.
- Have marketable skills. You are really only worth the value you can contribute. Don't count on endless social spending to support you.
- Avoid debt. When the bank gets in trouble, it's going to start calling in loans. If the bank doesn't get in trouble and you lose your job, having debts to repay can drive you to bankruptcy. When things are unstable, you need to anticipate both events.
- Get and stay married. You need a partner in life. When times are good, the two of you can serve others better as a pair than as individuals. When times are bad, you need backup. Stay married because divorce smashes everything in your life.
- Go to church. The world is important, but it's not everything. When times are good, you need help dealing with your weaknesses. When times are bad, you need to be reminded that there is Someone who loves you and cares about you. Footprints in the sand and all that.
Finally, I would add this: be mobile. Detroit is in ruins. It didn't happen in a day, but it did happen. If you lived in Detroit and didn't have marketable, mobile skills, you were locked into the city's death spiral. If your skills and at least a good portion of your wealth were mobile, you could shed a tear or two and then leave.
|You want to be able to get out before things get to this point. Image source.|
If I'm going to take my own advice, I'd better start learning Portuguese.