PowerSwitch

......Financial collapse is already baked in, and it's only a matter of time before it happens, and precipitates commercial collapse when global supply chains stop functioning. Political collapse will be resisted, and the way it will be resisted is by starting as many wars as possible, to produce a vast backdrop of failure to serve as a rationale for all sorts of “emergency measures,” all of which will have just one aim: to suppress rebellion and to keep the oligarchy in power. Outside the US, it will look like Americans blowing things up: countries, things, innocent bystanders, even themselves (because, you know, apparently that works too). From the outside looking into America's hall of one-way mirrors, it will look like a country gone mad; but then it already looks that way. And inside the hall of one-way mirrors it will look like valiant defenders of liberty battling implacable foes around the world. Most people will remain docile and just wave their little flags.

But I would venture to guess that at some point failure will translate into meta-failure: America will fail even at failing. I hope that there is something we can do to help this meta-failure of failure happen sooner rather than later.

johnhemming2 wrote:At the time of typing the FTSE 100 is up 36.67 points. For there to be a financial collapse there has to be something difficult in the fundamentals like for example a shortage of oil and spike.

I won't call this as the bottom for FTSE 100, but although commodity and energy companies will see some problems in the long term oil prices will go back up.

To me the sad situation is undermining renewables which is where we really need to develop more energy supplies.