Unrelated but really interesting:
by Amanda Kovattana
In March when I returned from Thailand, the situation with the subprime mortgages unnerved me. I had heard too many stories from Thai farmers about the impact of personal debt on their lives. How they had to dig themselves out and rebuild a new life while still paying back thousands to the old one at the rate of five dollars a week. This during a currency devaluation that halved the value of everyone’s bank account and an economic slow down that halted construction jobs mid-project. Stop down was more like it.
Workers went home to their family farms. What they did next made me realize that these farmers were rich, much richer than I felt living here in the US. They had land, enough rice stored to feed everyone for some time and skills to rebuild along with a renewed sense of self-reliance. They were also committed to being sustainable in a way that actually seemed possible. The lessons of the boom and bust had taught them to rethink their wants and their dreams of wealth while their immediate needs were taken care of.
The culture shock I felt upon my return was so severe I was in a stupor for a month not knowing how to direct my life. I did not feel safe sitting in a house with a mortgage. I did not feel safe in America itself. I saw a nation of people carrying massive amounts of credit card debt and few practical skills. They had less of a safety net than a Thai farmer. How would they fare in a future that seemed to offer nothing, but apocalyptic scenarios? Peak oil, peak natural gas, peak metals, peak food, peak everything. And climate change already upon us, too. This forward tilted perspective made me feel I was slowly going mad while all around me people continued as if life was normal. Catherine wanted to remodel the bathroom.
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