Economy in hiatus

Since the condition of the economy is so unstable right now, many people are pulling their money out of the stock market. Even futures trading, which are considered more stable, will be at risk because of the rising prices of agricultural and industrial commodities. Economists say that in order to bounce back, we must hit a low point - which we haven't hit yet. Most people are aware that the country is experiencing a recession, and there is even talk of "Depression 2.0".

Chances are, if we fell into a depression, it wouldn't be as bad as the Great Depression of the 1930s. The trouble is, Americans are used to a very high standard of living, which will be altered dramatically in the case of major economic upheaval. I don't think small towns like Eureka Springs will be affected as greatly as larger towns and suburban areas. Many of our residents already live without television, use public transportation, walk or bicycle around town. Some residents have substantial gardens, and there are a few that live happily off-the-grid without running water and electricity. Those are the people who will be affected the least, and others will want to learn from them. Rather than panic, people should do research, learn skills, and prepare now in case conditions become much worse.