It’s not really a matter of if, but when the US “will” default on it’s debt. Which will cause a collapse.
It’s not really a matter of if, but when the US “will” default on it’s debt. Which will cause a collapse.
When I was in Mongolia after the demise of the Soviet Union, They were rediscovering their heritage which had been rewritten by communism. In their case it was Ghengis Kahn and Buddhism.
They were excited about the future as all rules and regulations were gone. It was like the new frontier for them.
Will we rediscover our heritage? What will that be?
You can’t expect a system of continual growth needing constant creation of personal debt to go on forever. They have to figure out how to manage the collapse and create a new system aka Great Reset. Stakeholder Capitalism. You’ll own nothing and be happy. Everything will either be free or you’ll lease it. Think sharecrop farming with a modern tech twist.