I'm not an economics expert, but it seems to me that the silver lining (to the extent their is one, considering they will likely starve us to death), will be that people will immediately stop paying their local real estate taxes, and income taxes - it will force government at all levels to implode. That's a good thing. People will realize they didn't need 90% of what their towns/state/feds were "providing" taxpayers through their confiscatory property taxes. And good luck finding courts that will allow the city to "take" your property - Judges won't be getting paid either.