I watch this useless bickering back and forth on this thread hoping for some insight. Nothing.
But, all is not lost. I found this discussion on Canadian Prepper and it is amazing how everything fits together and does provide insight.
Civilization is Collapsing and We Need to Prepare for It w/ Simon Michaux
Excellent explanation of what is causing the collapse we are witnessing and the underlying factor is energy. If you are familiar with peak oil then you know that the collapse takes place when oil production peaks. However, they were not factoring in oil from shale and from fracking. We have already hit peak oil for conventional production, but we were able to stave off the collapse for years because of oil shale and fracking. But the bottom line is that we are now again at "peak oil".
If China has really lost 800 million people then that will cut down on their consumption of energy and that will be how we continue to stave off collapse. The problem is AI. There is an arms race in AI and one way to improve the performance of your AI is with more powerful computers which in turn need more power.
Does a really good job of explaining the history of the US fiat currency, China's economic strategy likened to a game of Go, and the rise of BRICS.
One really interesting point is to show how Biden's "Build back better" is the flip side of "Make America Great Again". They are both the same coin, being manipulated by the same forces pulling the strings.
He also shows how the US was able to pull a rabbit out of the hat when the US dollar became the petro dollar. However, now that we have come to peak oil that no longer works and we were unable to pull a rabbit out the second time which is why BRICS is rising.
He explains why fiat currencies always fail and one thing he skims over, but when this fiat currency collapses (it is a ponzi scheme) then the entire world's economy collapses. Britain was the last time we saw this happen but the US was a separate economy and so Britain's collapse was the US' rise to power.
One interesting point, he says Trump is a symptom, not a cause and if Trump were not the one in power the people pulling the strings would simply get someone else to do the same thing.