jeremy said:
Stat Monitor Repairman said:
All world leaders and all politicians are detached from reality.
The great reset will result in a billion people or more starving to death, freezing to death or dying from disease due to lack sanitation.
WW3 started in Fall 2019.
We past the point of no return.
10 years from now modern life will be unrecognizable.
I admit, I've been watching the world stage with a "we are doomed, soon" tilt for at least 3 years. Can you share in your opinion how this breaks down in the next few years and what life will look like for an average American not living in a major city?
I know it would all be speculation on your part, but I'm curious on your take. May be a thread detail, however.
I think we see cascading failures over the next 5 months.
Oil prices gonna go way up.
Price of food gonna go way up.
There'll be a problem where people can't afford to get to work because of high gas prices.
We'll see some banks and other firms fail.
You'll see slowdowns in transportation and logistics, generally.
Resupply of food a fuel starts hits a noticeable lag.
The average person panics. People start hoarding. Buying more than they need this perpetuates the problem.
Economic output goes way down. People get laid off. People stop going to work because wages are nowhere close to true cost of living. People stop spending money.
All this this hits a feedback loop.
The economy stagnates.
Nothing is moving. Nothing can afford to move. We get to a state of economic gridlock.
The government comes in and interferes in the market. Causing the problem to get worse, and last longer.
By this point they'll be an actual shortage of resources due to problems in the Ag industry due to high cost of fertilizer and diesel fuel. People that do critical supply chain jobs won't be willing to work for what they get paid.
All this happens while a proxy war with Russia drones on. A proxy war that could escalate at any time.
They'll come out and tell us that the way out of this mess is a new currency. A digital USD.
People jump onboard with it and agree to anything they think will get their lives back to normal.
They'll eventually dump the USD and the global economy will shift over to a 'new' digital USD.
Same thing happened in Venezuela. There was the old Bolivar. And then there was the new 'Bolivar fuerte"
Same thing gonna happen here, but on a larger scale.
I think we see some sort of state backed global currency sooner rather than later.
But to answer your question, I think everyones quality of life goes down due to scarcity of resources. We enter an economic doldrum that is gonna be real hard to get out of.
We might be looking at a decade or more of a stagnant economy. That's what I'm expecting as best case scenario.
