I have been pruning my reading list lately. For a while there, I was reading two or three digests a day, a couple of web sites, the Oil Drum, Mish Mike Ruppert, you know the entire gloom and doom, the world is shit subculture.
I have been purging sites off my need-to-read list to accommodate this notable lack of desire on whinging and sports level deconstruction of the current rough patch and its possible (please note here the word possible, as the gloom and doom crowd only deal in certainties) long term effects.
So I am reading more books now, I am not prepping like mad waiting for the apocalypse. I keep my pantry stocked sensibly and I am ruthlessly paring my costs and watching my nickels. I have come to the conclusion that the most sensible way to approach problems like the ones we are facing is to keep things in perspective, lower my expectations along with my needs and living arrangements and figure out how to ride along in the flow.
How much of your time is spent waiting breathlessly for the next downleg in the market to be the one that brings down the whole house of cards? How many precious minutes of your life do you spend reading Stoneleigh and Max Keiser screaming about the abuse of the banks and how they are getting your share? What is needful isn't rightful indignation about someone else's store of digital bits that can never be spent. The "wealth" being accrued to the elites will vanish, like the supposed wealth we think of as ours.
We have succumbed to the idea that our opinion and lifestyles are actually important. The Martha Stewart lifestyles that we have become so attached to have always been a chimera, a sad posturing in search of status and self-worth. We have to instead figure out where we need to end up in a world going into decline.