http://theeconomiccollapseblog.com
http://albertpeia.com/realityofdyinguscitieslikerenonv.htm
' ‘What do you do when the city where you live
is dying? All over the United
States formerly great cities are crumbling,
but some are definitely in worse shape than others. One reader recently
wrote to me about what she sees happening all around her in Reno, Nevada.
The unemployment rate in Reno
is now up to 11.7 percent, which is well above the
national average of 8.3 percent. But that doesn't tell the whole
story. The recent recession hit Nevada
particularly hard and people have been moving out of the state in waves.
In fact, the labor force in Nevada
has shrunk by close to 20 percent over
the past year as workers have moved elsewhere in search of work. But even
though the labor force is now nearly 20 percent smaller, the unemployment rate
is still well above 11 percent. There simply are not enough jobs in large
Nevada cities such as Reno
and Las Vegas.
Unfortunately for Reno, it does not have the
same kind of big corporate money pouring into it that Las Vegas does. The good news is that
you can buy a house very, very cheaply in Reno
because homes were foreclosed on in droves during the housing crash. Even
today, some housing developments that were put up near the end of the boom
times look like virtual ghost towns. The main industry in Reno is "entertainment", but many of Reno's strip clubs and
gambling establishments have aged so badly at this point that they just look
kind of depressing. I guess that is kind of fitting, because Nevada has the fifth highest suicide rate in the nation,
and Reno has
been ranked as one of the top 10 depressed cities in the entire country.
As the city has declined, gangs have moved in and the drug trade is
flourishing. Reno has been called the meth capital of America,
and crime is on the rise. Despite being surrounded by tremendous natural
beauty, Reno
has become a very unpleasant place in which to live. But what is
happening in Reno is also happening in hundreds
of other communities across the United
States. Our economy is collapsing and our cities are
crumbling right in front of our eyes, and it is only going to get worse from
here.
A
reader of my site named Heather who has been unemployed since November of last
year recently shared the following with me....
I am living in Reno/Sparks Nevada and I feel like
it is ground zero for collapse. There are a lot of people who are in denial
right now and cannot see the larger picture. I keep also saying we are the
canary in the coal mine for the rest of the country. It is quite
depressing driving around seeing empty office buildings with vacancies and retail
areas just empty. Went to the stores and retail seems pretty slow also. I am
volunteering at ProNet locally and it helps
unemployed people finds jobs and skills. It has been depressing there too with
very little jobs out there for many people who need one.
She
said that I should share what is happening in Reno with my readers. She wanted people
to know what those living in Reno
are going through.
You
might think that since Reno is so sunny, so warm
and surrounded by such natural beauty that it would be one of the happiest
places in America.
Unfortunately
it turns out that the opposite is true.
Reno is
actually a very sad place.
In
fact, last year Men's Health ranked Reno
as the ninth saddest city in the United States.
In
response to this ranking, one resident of Reno
wrote the following....
In light of this disheartening
list-making, it is, of course, important for Nevadans to look on the bright
side. Rather than allowing these statistics to depress us further, we can
consider them a series of challenges that make living in places like Reno and Las
Vegas all the more impressive. You don’t just live in Reno. You survive Reno! To dwell in Reno, you must triumph
over the odds that are stacked against you—one of the things we’re supposed to
do best here.
If we can withstand all of the emotional
curveballs thrown at us because we have selected such a turbulent location in
which to reside, we can probably survive anything.
As a lifelong Renoite,
I am inclined to respond to these lists with defiance. Yeah, things can look
pretty grim sometimes when no one can find a job, and there seems to be no way
out.
And
that is how many Americans are feeling these days. They are broke,
unemployed, depressed and out of options.
How
can you pick up and start a new life somewhere else when you have no job and no
money?
Sadly,
a lot of younger Americans are turning to drugs in an attempt to escape the
pain of their daily lives.
One article that I found
attempted to find humor in the raging meth epidemic that is happening in Reno....
Reno has been affectionately called the meth capital of the nation.
Some foolishly think mass drug usage can ravage a city as swiftly as it can
ruin a user’s clear complexion. In all reality, drug addiction is no more than
an endearing quirk, certainly not a cause for concern. Babies and adolescents
with addiction-addled parents should stop being coddled and learn how to take care
of themselves. I’ve been doing my own laundry since I was six months old — I’m
sure they can do the same. If there is anything disturbing about the meth
problem in Reno,
it’s that it shows the lack of variety in this town. Why don’t you try some
uppers like MDMA? Your teeth will thank me.
Unfortunately,
Reno is far
from alone. In the past I have written about how formerly great cities
such as Detroit, Cleveland and Baltimore
are completely falling apart as well. This kind of thing is literally
happening from coast to coast.
There
is a very serious lack of decent jobs in America right now. At this
point only 24.6 percent of all jobs in the United States
are good jobs.
This
has made it increasingly difficult for Americans to be able to take care of
themselves.
If
you can believe it, more than 100 million
Americans are on welfare at this point.
And
that number does not even include the tens of millions of people that are on
Social Security and Medicare.
What
in the world has happened to us?
These days most Americans work really hard all of
their lives but never end up reaching their dreams.
In
fact, one recent study found that 46 percent of all Americans die with
less than $10,000 worth of financial assets.
Talk
about depressing.
But
instead of having us focus on how bad the economic
numbers are, the Federal Reserve wants to start measuring how "happy"
everyone is. The following is from a recent ABC News article....
Ben Bernanke wants to know if you are
happy.
The Federal Reserve chairman said Monday
that gauging happiness can be as important for measuring economic progress as
determining whether inflation is low or unemployment high. Economics isn't just
about money and material benefits, Bernanke said. It is also about
understanding and promoting "the enhancement of well-being."
So
what would you say if the Federal Reserve contacted you and asked if you are
happy?
Please
feel free to post a comment with your thoughts below....