Michael Rynn
Oct 10, 2021

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According to money theory if the government stops printing money the industrial systems will collapse. Current debt spending is a measure of efforts to stop collapse. Oil and other critical supply resources are on their way to fail. Energy to invest is reduced, and becomes less effective as the net energy cost of energy is still rising. Manufacture and distribution systems are heading to collapse, so government spending will be restrained, by not having resources to meet spending. GHG emissions reduction will happens at last by default. Survival will depend on local resources cooperation, resilience, climate and lots of luck.

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Michael Rynn
Michael Rynn

Written by Michael Rynn

Once was educated and worked in Medical Practice, then did software engineering. Now retired. Still doing music, reading and writing, and website tinkering

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