Quote:
Originally Posted by BeeGuy
I guess a pressing question is how do you define "economic collapse"?
Global market capitalization reach a maximum in late 2007 and has been declining ever since (in fits and starts).
This I would suggest is an "economic decline".
Are we talking a crisis and catastrophe? Lawlessness in the streets? Loss of basic services?
What is the scale? Regional, National??
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I would say that the way it is declining it will one day(maybe sooner than later) it will collapse, like chopping a tree down with an axe, with every swing it comes closer to falling.
If or when it does collapse I think it will have catastrophic results in both lawlessness and services.
I also think such an event would be more national on scale effecting all regions.