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When the next collapse of civilization happens those that caused it will be holding most of the money. They will then use this money to rebuild civilization and
by devoply 7y ago
When the next collapse of civilization happens those that caused it will be holding most of the money. They will then use this money to rebuild civilization and make yet more profit...
- Spooky23 7y agoThe problem is that wealth is tied to functioning society. Law and our current monetary system need order to function.
- devoply 7y agoYou can move wealth into all sorts of assets that you can then protect with that wealth... When the Roman empire fell the rich did not suffer only the poor did. Same thing will repeat.
- adrianN 7y agoDidn't work out so well for the Aztecs.
- devoply 7y agoUnless pale skin aliens from distant lands are coming to Earth on ships to cause our problems I see no parallels between their situation and ours.
- ClumsyPilot 7y agoOk, French Revolution, revolution in Russia, the Chinese civil war, in all of those cases rich people were the first targets.
- deleted 7y ago[deleted]
- Spooky23 7y agoThe pale skin guys were the catalyst. The Spanish rounded up everyone who hated the Aztecs (ie. everyone who interacted with them) and used that with their horses, guns and crossbows as shock troops to defeat them. Future conquests (Inca, etc) were aided by the devastation of disease that wiped out stove populations. Our situation isn’t so different. Look at how quickly the Soviet state degraded into near anarchy and what happened when the pieces stabilized.
- jacobolus 7y ago> When the Roman empire fell the rich did not suffer How do you define “suffer”? They lost their previous lifestyle and creature comforts. Their public infrastructure fell into disrepair and the ability to build its like was lost. Trade networks were disrupted and many products and materials became unavailable. They lost much of their power and wealth (lands, houses, possessions, businesses, ...). Many were killed. In Rome proper foreign invaders came and demanded tribute, sacked their city, tortured them for information about where their wealth was hidden, stripped all of their public buildings of valuables, and so on.
- Spooky23 7y agoI wouldn’t say that. Roman governance was distributed and the governors turned into petty Kings. Some held on to land and gold. Many affiliated with the church, etc. There are probably families in Europe who can trace back to those ancestors. The difference today is that intellectual property is more highly valued. When law and order breaks down, software, for example, has zero marginal value.
- crispinb 7y agoThere's a good chance that the next collapse will be more comprehensive than previous ones though. In particular, it's very easy to imagine nukes getting thrown around as nations compete for rapidly diminishing topsoil & fresh water.
- n4r9 7y agoIt's also easy to imagine the financial elites burrowing down into their premade bunkers to wait it out.
- mytailorisrich 7y agoThe way 'money' exists today, if civilisation collapses money disappears with it.
- ClumsyPilot 7y agoQuite the opposite, most of the elite did not survive the French Revolution or the Russia revolution.