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Piccalilli Pit
Garys Economics
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Comments by "Piccalilli Pit" (@piccalillipit9211) on "" video.
IT IS THE PREDICTED AND INEVITABLE COLLAPSE OF CAPITALISM I'm an author on the collapse of civilisations - This is the list of contributing factors to societal collapse: Plague / disease Yes Environmental change Y Massive wealth inequality Y Loss of the administrative class Y The government stops governing Y Attack from the outside - now includes cyber attack Y Loss of faith in the political system Y Economic collapse Y Exposed obvious corruption Y Crumbling infrastructure Y Mismanagement of a crisis Y Societal division Y Loss of belief in the unity of the society Y Restriction of international trade / loss of trade agreements Y Increased isolationism Y Rising internal violence Not yet Excessive spending on military / arms race Yes - starting Inability to maintain the currency - hoarding / devaluation / inflation Y If a majority of things on the list happen to a civilisation simultaneously, it is invariably the end for that civilisation. If all happen at the same time, it's guaranteed to be the end. The USSR collapsed with 9 out of the 18. America scores 18/18. And you have reached "cascading interconnected systems failure" - everything is broken and everything you need to fix it is also broken. The UK scores 17/18
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YOU DONT STUDY ECONOMICS IF YOU STUDY ECONOMICS you study CAPITALISM You never get taught anything about Marxist economics, Malthusian economics, The tragedy of the commons, Moral hazard theory, Communism - all you learn is how to run a more efficient CAPITALIST society.
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