#269: How will “exorbitant privilege” end?

surplusenergyeconomics.wordpress.com

eleitl ( @eleitl@lemmy.ml ) M

Collapse@lemmy.mlEnglish • 10 months ago

#269: How will “exorbitant privilege” end?

surplusenergyeconomics.wordpress.com

eleitl ( @eleitl@lemmy.ml ) M

Collapse@lemmy.mlEnglish • 10 months ago

THE WHY AND HOW OF DE-DOLLARIZATION As America’s public debt spirals ever further out of control – and with the expanding BRICS+ group working on a common trading currency and a rival settlement sy…

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The Doctor ( @drwho@beehaw.org )
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1•10 months ago
The thing you want to monitor for is “re-denomination.”

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Collapse, in this context, refers to the significant loss of an established level or complexity towards a much simpler state. It can occur differently within many areas, orderly or chaotically, and be willing or unwilling. It does not necessarily imply human extinction or a singular, global event. Although, the longer the duration, the more it resembles a ‘decline’ instead of collapse.

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