>>”There’s no peaceful way back from here.”<<
No matter how we get out of this, that statement will hold true. I am amazed by all the links and articles I’ve read that discuss the economic ramifications of everything going on but they ignore the 800 lb gorilla in the room. As I was arguing with JasonC and some others here a couple years ago who said that a collapse would just mean more investment opportunity, I told them their “post collapse investment strategy” might hit a snag if Wall street is a sea of radioactive glass.
Desperate times call for desperate actions - by people AND countries. Just read a history book.
Argentina hit a sharp depreciation in 2002. Nothing got nuked. Mad Max (= total collapse of society) didn’t happen then, and it won’t happen in the US.
The middle class were savaged in Argentina and (if they don’t buy Gold) they will be savaged in America. That’s bad - but it’s not going to the next episode in the Fallout franchise.