“These systems could all implode at the same time. Food, water, energy, money. Everything.”
This analysis comes from an all-star team of economists and pathologists and advisors. Their wisdom and insight are beyond your imagination:
“At first, it’s almost impossible to perceive. Everything looks fine, just like in every pyramid scheme.”
Err…everything looks fine in a pyramid scheme? It never has to me. Maybe you need to be sitting at the top of one for it to seem that way. Which these sages are. They’ve been embedded, influential members of this pyramid scheme for decades. And now that it’s unmistakably shivering apart they honestly think they’re telling us peasants something we didn’t already know.
But as far as the entire civilization collapsing…well, that’s another point-of-view thing. It probably will be a total catastrophe for Ruling Class drones like these “experts”. But society isn’t going to collapse.
It’s going to shatter.
Oh, the sick, evil financial house of cards will collapse. It’s tottering under the remorseless greed of financiers and economists and pushers of derivatives and junk bonds and toxic loans and everyone who tortures numbers for money but never does a single thing of value.
For those people…all those financial parasites…yes, the fall will be a total collapse. “Will arbitrage for food” signs won’t find a lot of takers. In fact, many will get beaten to death if they’re fool enough to admit their pasts.
But remember: if every last dollar and pound and euro is worthless tomorrow…the physical resources will be exactly what they are today. And they are vastly greater than in previous collapses. They won’t be worth what they should, thanks to the gulf that finance has put between it and productivity and commerce. High finance is anti-wealth.
That’s what really sickens me about the financial classes. Even the Chicken Littles like these belatedly concerned “elites”. Maybe especially them. Because if next week finds us all in a Mad Max / Road Warrior world, those morons will be wanting to be fed on the grounds that “we tried to warn you!” Beyotch, please. Warn me about a patient’s health after I’ve already done the autopsy? Timely!
But the West’s fall won’t be into a universal Dark Age this time. There’s a feedback mechanism: the more quickly and thoroughly the Ruling Class falls, the easier people can seize locally stationed (but “globally owned) resources.
An instant, total financial collapse might very well be the best possible outcome at this point. Anything less and our Ruling Class might cohere long enough to seize actual stuff, rather than worthless financial records. We’ll be better off dealing with local bandits than the Beltway kind.
“Everything looks fine, just like in every pyramid scheme.”
I’d be willing to live on cat food for quite a while if it meant starving to death everyone who believes that.