A Taste Of Collapse

Apple Blossom Drive, on the outskirts of Fort Myers, Florida, is a road to nowhere. The retirees, all the dreamers who wanted to claim their slice of the American dream in return for all the years they had worked in a Michigan factory or a New York City office, wont be coming. Not to Apple Blossom Drive and not to any of the other deserted streets which, with their pretty names and neat landscaping, were supposed to herald freedom and prosperity as the ultimate destination of the American journey, and now exude the same feeling of sadness as the industrial ruins of Detroit.

Florida was the finale of the American dream, a promise, a symbol, an American heaven on earth, because Florida held out the prospect of spending 10, perhaps 20 and hopefully 30 years living in ones own house. For decades, anywhere from 200,000 to 400,000 people moved to the state each year. The population grew and grew — and so too did real estate prices and the assets of those who were already there and wanted bigger houses and even bigger dreams. Florida was a seemingly never-ending boom machine.

Until it all ended. Now people are leaving the state. Floridas population decreased by 58,000 in 2009. Some members of the same American middle class who had once planned to spend their golden years lying under palm trees are now lined up in front of soup kitchens. In Lee County on Floridas southwest coast, 80,000 people need government food stamps to make ends meet — four times as many as in 2006. Unemployment figures are sharply on the rise in the state, which has now come to symbolize the decline of the America Dream, or perhaps even its total failure, its naïveté. Could the dream, in fact, be over?

via A Superpower in Decline: Is the American Dream Over? – SPIEGEL ONLINE – News – International.

 

Hey folks — sorry to say, but welcome to the rest of the world. Exceptionalism? Gone. Opportunity? Crushed. Vanished. The American Dream? Futile. Hypothetical. A nightmare.

I really don’t even have words for how fucked we are, so here is some music to go with a nice eulogy Der Spiegel has written for us.

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