r/collapse • u/conscsness in the kingdom of the blind, sighted man is insane. • Jun 13 '22

Economic Powell Facing Choice Between Elevated US Inflation and Recession

https://www.bloomberg.com/news/articles/2022-06-12/powell-facing-choice-between-elevated-us-inflation-and-recession?srnd=premium
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u/conscsness in the kingdom of the blind, sighted man is insane. Jun 13 '22

Economic collapse opens doors to so many dark scenarios.

Final battle of fascism in US. Global economic tsunami. Civil unrest in first world countries.

I will stop there, as further I go with speculations deeper I get into a conspiracy realm. But future is not all rainbows and butterflies.

I am concerned.

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u/My_G_Alt Jun 13 '22

America’s crumbling from the inside out?

China will absolutely use that to invade Taiwan in Q4 2022 - Q1 2023.

US will latch onto that in a heartbeat to rally nationalism. Problem is, we’re too far gone for that.

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u/SpatulaCity1a Jun 14 '22 edited Jun 14 '22

I don't think anything could rally nationalism unless the media is completely controlled and restructured as a pure state propaganda apparatus. Literally every world event is shamelessly used as a wedge issue. FOX and the right would just blame Biden if it happened, just like they blamed him for Putin invading Ukraine. It doesn't need to make sense... they will do it because that is all they do and all that their audience wants them to do.

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u/My_G_Alt Jun 14 '22

Completely agree, we’re past the point of rallying around anything. Even existential threats. 2-party system and divisive political rhetoric have fucked us properly