First Stages of Civilization’s Collapse
In the history of the world, nations and even empires have risen, then declined and were lost to time, leaving only artifacts behind for archaeologists to piece together what happened. From our vantage point, it’s easier to see what happened, the slow decline in so many areas that finally led to a collapse. Fortunately, we understand today many of the factors that have to be in place. Unfortunately, even knowing these signs of decline may not be enough to slow or stop the momentum of your nation’s collapse. In this video, we will lay out the eight signs of imminent collapse. You may recognize one or all eight in your country’s recent history. Having them all doesn’t guarantee that a collapse is inevitable, but it makes it more probable, especially if you have them all to a high degree. Here are the eight signs of imminent societal collapse.
1. Financial Decay
One of the most visible outward expressions of a collapse is the bottom falling out of the financial system. From double, triple, or higher-digit inflation pricing people out of basic necessities to dramatic market declines evaporating a lifetime’s accumulated wealth instantly, economic collapse can aggravate other conditions that can domino into a full-on failure. Many market collapses actually have a long build-up. The housing bubble, the commercial real estate bubble, trade wars, and the loss of faith over time in a single fiat currency all happen slowly over the years and then reach a tipping point. In some cases, the ultra-wealthy cheer on the decline in some ways as they profit off selling short and feel that they can maintain profits by shifting their money to other assets or more stable countries. However, that doesn’t always work as assets are often frozen, withdrawal limits are established, or the currency becomes so devalued that it doesn’t retain any fluidity. Nobody wants it nor transacts in it anymore.
The financial decay is often preceded by a growing income gap, enormous corporate profits at the same time everyday consumer goods become luxury items for the masses, and wages that fail to keep pace with the nation’s prior growth. Economic inequities breed resentment in the citizens, resulting in high crime, fraud, and eventually protests, looting, rioting, and even revolutions like the French Revolution. You may recognize several of these indicators of financial decay in your nation. While it’s not a guarantee of a coming collapse, you must continue to monitor. Your insulation from it starts with recession-proofing your life. Still, it continues with increasing your skills and abilities to sustain yourself independent of the commerce system, like growing your food instead of expecting to purchase it at the grocery store after having traveled 5,000 miles from where it was grown.
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Article from LewRockwell
LewRockwell.com is a libertarian website that publishes articles, essays, and blog posts advocating for minimal government, free markets, and individual liberty. The site was founded by Lew Rockwell, an American libertarian political commentator, activist, and former congressional staffer. The website often features content that is critical of mainstream politics, state intervention, and foreign policy, among other topics. It is a platform frequently used to disseminate Austrian economics, a school of economic thought that is popular among some libertarians.
