When ALL sides involved in the exchange start to loose and loose, the collapse spreads across and through the whole system. All interacting linked entities start to loose, too.
THIS IS ENTROPY.
It is happening Now,.
It is the final loss of dynamics and inherent energy.
When the resources become the Gold Standard rule and Syndrome, the system goes from war to poverty, to famine…. and as there is no purchase power left or worth mentioning, the inflation disappears…
Ok. Lets do some mumbo jumbo big macro economy.
The supply side- commodities, like food energy, water, make the price push. It can be huge. The demand side, for some limited time, still buys this supplyside price hikes, thus, we have inflation on the rise, and for a limited time even out of control.
But then, the Gold Standard of the SUPLLY SIDE LIMIT,kicks in, and…. ha; first the lower social classes, then the middle and then up and up in time dynamics, become poor, destitute, sell out the last saving, property included. Famine and serfdom to the Overlord kicks in.
Ok, simpler; the supply side shows us , today, that is Finite. No more tortillas, chapatis or kuskus or a morning baguette.
Finland is already chopping its forest as the Ukraine wood is lacking. 25- 30% of the wheat is missing. This is how finite entity acts as a gold standard. Compared to this Austerity is a joke, or even a paradise.
Petrol is costly, so only the rich can drive around. Energy is scarce, you are freezing or sweating like a pig.. Production plummets. Unemployment becomes the norm. Precarious work is the only way of minimal subsistence, no more health or pension insurance.
This is how the Gold standard of a finite resources,the world , States,works.
IT is the NAIRU at work. This capitalist system finally proved the existence of NAIRU, but not as they, Coglioni, thought of it.That is the real Natural Non-accelerating inflation rate of unemployment (NAIRU). The Gold Standard of limits of all. Or, if you prefer Milton Friedman- The NRU. Same bollocks. The real NRU, as WD wrote, is 70%. That will be the new Gold Standard.
There is no money out of thin air which can print you out of this. There is also no more inflation, since you can not buy almost nothing. The Notion of Finance is gone for the vast majority of population.
All what is Left is in control of the few Corporations and States. The free trade is gone, there exists only trade as a weapon. Price is not a market price, it is a ransom price.Weaponized economy.
WAR is very similar to the Climate Crash.
The effects are the same. But when you add, as you should, pandemics effects, climate crash effects and war effects? Ha… do you really want to calculate on this boundary conditions the risk/benefit ratio? You are mad. Witchdoctor told you, when you took the ever higher risk in the pandemic times. Risk leads to War. The Human Pervert thought that he can risk more and more. The result is; risk as a way of life and that means death as daily task.. Mors tua – Vita mea.
It is worse than living in London in Dickens times, under the British Empire Gold standard, but it is the same economy of the finite.
So, when you read the mumbo jumbo geo strategists, left economists, right wingers of god knows what, be certain:
Who will loose, like the euro area and gain like the dollar or yuan, is a very transitory phenomena. It will be maybe for a few years, then, repeat after Moi,
“When ALL sides involved in the exchange start to loose and loose, the collapse spreads across and through the whole system. All interacting linked entities start to loose, too.
THIS IS ENTROPY.
It is happening Now,.
It is the final loss of dynamics and inherent energy.”
They will all lose, very soon. All will lose and after that there is no geostrategy left. Chinese will stop exporting in the measure they need to stay afloat,they will be without drinking water and water for the industry in a decade, The US financial empire will be a tiger paper toothless peasants firing arms on the streets, Russia, not to mention, Europe bunch of idiots fighting about some maastrcht criteria long obsolete, even if modified, in the blind alley.
The first states to crunch will be the ones with a lot of population, then the complex states follow….
In the meantime, Germany and the Whole Europe, China, USA, are making the perverted Keynesianism.
Germany , seeing cynically that its drainage export politics which is depauperating the rest of Eu is in jeopardy, reverts to making arms and so keep the jobs which would have been lost with his blind merkantilism (Merkelism). The export market- China ( with this prices of energy germany is out of the export market), the import market Russia are in jeopardy and hop, lets employ people in making arms.That is when depending on the finite resources of some mad nutter ruski ortodox peddler.. The ransom economy strikes back.
So, the Others DO THE SAME. They buy social peace and make jobs by making arms.
Arms, sooner or later, make wars.
Unable to make the civilization leap, the Powers to Be, instead of making holes for the sake of holes, as in paraphrasing Keynes, they make arms for wars to keep the social peace and enable the RANSOM ECONOMY.. Certainly this is not a circular economy, or do you think that, when planes fly and throw bombs around, this fact means they circulate, thus it is a circulating or circular green economy?
On top of that, they will use NUKES. Certainly, tactical ones, hehe, Coglioni. So, they will conquer wast territories , making them RADIOACTIVE and unhabitable, having the sick and dying population and the sick crops too, and thinking they are a big Empire.
Witchdoctor does not know what China thinks. Hope they think about it.
This is a logical outcome of the current boundary conditions of the history trash wave.
To be continued, for sake of the sake.
PS; who will pay a trillion Euros of damages to Ukraine? Who will pay 200.000 euros for each dead civilian? The Ruski?
Nah, it is all free. That is life.
It Is the Gold Standard of 21st century collapse.
Witchdoctor
And oopps, keep voting your preferred pagliacci, coglioni.
Or, give to Putin and to other Hijackers more support, coglioni.Dickheads.