Get ready for smaller lifestyles by 2020

A minority of people in North America has already adopted a smaller lifestyle (e.g., live in a small house, drive a smaller car or predominantly ride a bike or walk, purchase fewer clothes, shop for groceries with shorter list in hand, etc.), and has done so out of necessity or because of the many benefits,

Below is a small news clip that affects the vast majority of people and lifestyle, whether it be considered normal or excessive.


[News clip from Nov. 5, London Free Press]

The “forecast price for a barrel of oil by 2035” is $212 (according to the International Energy Agency). Methinks, the 'new normal', as far as lifestyle is concerned, will likely come into play far earlier than 2035.

For example, by 2020, when average debt per Canadian family will be at $160 or higher per $100 of income (it’s at $150 at present), many people will be considering far more than dropping TV cable, cancelling their newspaper subscription, doing without a family pet or ordering Chinese every Friday night. Many will be considering selling their big house in the burbs for something smaller that’s close to work or a good grocery store. Quite a few will definitely get rid of their second car.

Many North Americans will be caught by surprise because governments, corporations and media do such a good job at propping up the illusion (now fading in the eyes of growing numbers of people who have little hope of finding a decent job in their lifetime) that progress will continue unimpeded for as long as they hold the reins of modern society.


[“With higher fuel prices, get used to pushing.”]

Read the last line of the news clipping, i.e., the report’s forecast for 2015 is up about 10% from the same report just last year.

Hmmm, what’s happened in the last year? And have things improved since then? How does 2016 look?

Let’s hang in there for another 4 - 5 years, then we’ll all know. And while we’re waiting, let’s shift our lifestyles down a notch or two.

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Please click here for more high-priced concerns about the future.

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