Collapse? Not When It'll Occur, Not How to Survive, But... (Mobile, Memphis)
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To think that the US is somehow "exceptional" in that regard, is well...
I don't think anyone is disputing that possibility just that one hopes not to have wasted a lifetime by crawling into the bunker prematurely. Your own words are "fade away".
You know, I've always wanted to visit Russia and Europe. Thanks for reminding me
The US is the Roman Empire of today...
Rome didn't fall in a day. It slowly disintegrated over 150 year period. The shocks it experienced were mostly internal... in fact the conversion to Christianity was probably the single biggest shock it experienced, and even that took a good 90 years to bake in existential problems.
If we are in a period of decline for the U.S., we would have trouble perceiving it from the inside. 100 years from now people might say "oh, yeah, the 2010s, that was when the U.S. started its decline" but we can't really see that now.
If we are in a terminal decline right now... well... in the scope of history, the U.S.'s run was pretty short. Not even as long as Britain's.
Rome didn't fall in a day. It slowly disintegrated over 150 year period. The shocks it experienced were mostly internal... in fact the conversion to Christianity was probably the single biggest shock it experienced, and even that took a good 90 years to bake in existential problems.
If we are in a period of decline for the U.S., we would have trouble perceiving it from the inside. 100 years from now people might say "oh, yeah, the 2010s, that was when the U.S. started its decline" but we can't really see that now.
If we are in a terminal decline right now... well... in the scope of history, the U.S.'s run was pretty short. Not even as long as Britain's.
We are all in decline together. You, me, and Bobby McGee.
I will very likely not be alive in 30 years so all of this speculation is very amusing.
The worst fear facing the oil investors is a stable market with a slow steady or zero growth. Without wild fluctuations the speculators cannot pay their bankers or their politicians and that would really be a disaster for a few but a boon for the consumer.
I have absolutely no sympathy for the folks that have lost their investment in the "Fracking" boom. If they knew what they were doing they made a mistake. In they did not know what was happening and believed the sales hype they now know not to make the same mistake again. If they did not learn that too bad.
Most people think the collapse is going to be some sort of civil disorder where lawlessness reigns. I think we're going to keep muddling along in our ho-hum fashion, with many areas becoming less competitive each year.
Most people think the collapse is going to be some sort of civil disorder where lawlessness reigns. I think we're going to keep muddling along in our ho-hum fashion, with many areas becoming less competitive each year.
Why hasn't the collapse happened yet when it's been predicted for so long?
For those thinking imminent collapse, what conditions exist now that didn't exist with previous collapse predictions?
The economy is in an unstable situation, the FED has been stabilizing it, a sufficiently sever shock hasn't happened to set off the crash. The underlying destabilizing condition is in part debt to income, wage growth not keeping up with gains in worker productivity also plays a role, and ineffectual regulation of the banking industry is big.
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