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The current system isn't designed for a shutdown of all energy supplies or quickly losing larger parts of the population. What portions and where of the populat

The current system isn't designed for a shutdown of all energy supplies or quickly losing larger parts of the population. What portions and where of the population are not part of the economic system?

fuzzfactor 3y ago
Over the last few years, millions of Americans if not tens of millions who had been on the margins of economic stability, have now been inflated across the divide over onto the slope of economic uncertainty. It can be a subtle difference since neither one is a very good position to be in. But it's a slippery slope and those that can get back to where they were will be a result of overcoming a downward force that was not a factor just a few years ago. And those that do will still not be in a very good position to be in. For the rest, fuggedaboudit. I get your point though. I would say a few million more consumers becoming much further drained doesn't have anywhere near the chilling effect on Wall Street that you would get from a total energy shutdown or losing the same millions in a mass die-off, true. It's just a step in that direction but I do think the same faulty equations would be clung to, long after their unrealistic calculations have compounded beyond recovery. And surprise people at how soon a downward spiral could occur without any sign of immediate threat, since there's no system in place to give any warning until downward momentum has become dominant enough to be well-registered. When it's more likely to already be too late. With energy the closest thing in memory may be the way oil drilling was cut in half at the end of 1981. That's nothing like a total shutdown but it was significant. It was an emergency, if they hadn't crashed the price, alternative energy would be 40 years ahead of where it is now. Turned out only to be a speed bump for Wall Street and here we are.

fuzzfactor 3y ago

Over the last few years, millions of Americans if not tens of millions who had been on the margins of economic stability, have now been inflated across the divide over onto the slope of economic uncertainty. It can be a subtle difference since neither one is a very good position to be in. But it's a slippery slope and those that can get back to where they were will be a result of overcoming a downward force that was not a factor just a few years ago. And those that do will still not be in a very good position to be in. For the rest, fuggedaboudit. I get your point though. I would say a few million more consumers becoming much further drained doesn't have anywhere near the chilling effect on Wall Street that you would get from a total energy shutdown or losing the same millions in a mass die-off, true. It's just a step in that direction but I do think the same faulty equations would be clung to, long after their unrealistic calculations have compounded beyond recovery. And surprise people at how soon a downward spiral could occur without any sign of immediate threat, since there's no system in place to give any warning until downward momentum has become dominant enough to be well-registered. When it's more likely to already be too late. With energy the closest thing in memory may be the way oil drilling was cut in half at the end of 1981. That's nothing like a total shutdown but it was significant. It was an emergency, if they hadn't crashed the price, alternative energy would be 40 years ahead of where it is now. Turned out only to be a speed bump for Wall Street and here we are.