{"id":63223,"date":"2022-08-04T10:11:08","date_gmt":"2022-08-04T15:11:08","guid":{"rendered":"https:\/\/olduvai.ca\/?p=63223"},"modified":"2022-08-04T10:11:08","modified_gmt":"2022-08-04T15:11:08","slug":"is-a-partial-collapse-possible-part-2","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=63223","title":{"rendered":"Is a Partial Collapse Possible? \u2014 Part 2"},"content":{"rendered":"<div class=\"ia ib ic id ie\">\n<div class=\"\">\n<h3 id=\"4307\" class=\"pw-post-title if ig ih bn ii ij ik il im in io ip iq ir is it iu iv iw ix iy iz ja jb jc jd gi\"><a href=\"https:\/\/thehonestsorcerer.medium.com\/is-a-partial-collapse-possible-part-2-a1561e728f4c\">Is a Partial Collapse Possible? \u2014 Part 2<\/a><\/h3>\n<\/div>\n<figure class=\"fr ft jf jg jh ji fn fo paragraph-image\">\n<div class=\"jj jk dp jl cf jm\" tabindex=\"0\" role=\"button\">\n<div class=\"fn fo je\"><img loading=\"lazy\" decoding=\"async\" class=\"cf jn jo\" role=\"presentation\" src=\"https:\/\/miro.medium.com\/max\/1400\/0*WZUcvfRN7ne-1BEK\" alt=\"\" width=\"700\" height=\"360\" \/><\/div>\n<\/div><figcaption class=\"jp bm fp fn fo jq jr bn b bo bp co\" data-selectable-paragraph=\"\">Image credit: Himesh Kumar Behera via\u00a0<a class=\"au js\" href=\"https:\/\/unsplash.com\/photos\/t11oyf1K8kA\" target=\"_blank\" rel=\"noopener ugc nofollow\">Unsplash<\/a><\/figcaption><\/figure>\n<p id=\"25c5\" class=\"pw-post-body-paragraph jt ju ih jv b jw jx jy jz ka kb kc kd ke kf kg kh ki kj kk kl km kn ko kp kq ia gi\" data-selectable-paragraph=\"\"><em class=\"kr\">After exploring the possible ways the West could (continue to) collapse in\u00a0<\/em><a class=\"au js\" href=\"https:\/\/thehonestsorcerer.medium.com\/is-a-partial-collapse-possible-part-1-aabdafd7b1a7\" rel=\"noopener\"><em class=\"kr\">Part 1<\/em><\/a><em class=\"kr\">, let\u2019s turn our mental gaze towards the East, and see what are the global implications of such a shift in centers of power \u2014 if there are any&#8230;<\/em><\/p>\n<\/div>\n<div class=\"o dy ks kt hm ku\" role=\"separator\"><span class=\"l la lb lc ld le lf lg lh li dp\">No <\/span>single crisis is permanent \u2014 it is a series of them which will cease to end. It looks increasingly safe to say, that now we are already knee deep into the \u2018long emergency\u2019 \u2014 which has raised its ugly head in 2008 then, after a couple of years, went back to sleep\u2026 only to return with a vengeance. It is a fast deepening series of crisis though, one, that now threatens the West with the deepest recession in living memory and with a complete collapse of Europe\u2019s economy \u2014 together with the West\u2019s global hegemony.<\/div>\n<div class=\"ia ib ic id ie\">\n<p id=\"085f\" class=\"pw-post-body-paragraph jt ju ih jv b jw jx jy jz ka kb kc kd ke kf kg kh ki kj kk kl km kn ko kp kq ia gi\" data-selectable-paragraph=\"\">However, it will be China who will take the brunt of the damage made to the world\u2019s production facilities, as it was producing a myriad of goods for Europe and for the States to consume and built their products from. Even if the West would enter a decade long depression though, China would still recover after going through its own round of deepest recession in living memory. They would eventually reorganize their economy to fit the needs of the BRICS states, serving them with products instead of Europe and the US. They could do this on the back of a yet to be released common currency of the block (replacing the Dollar in international trade) and based on resources suddenly becoming relatively cheap and abundant, as the West would consume a fraction of what it used to.<\/p>\n<\/div>\n<div class=\"ia ib ic id ie\">\n<p>\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Is a Partial Collapse Possible? \u2014 Part 2 Image credit: Himesh Kumar Behera via\u00a0Unsplash After exploring the possible ways the West could (continue to) collapse in\u00a0Part 1, let\u2019s turn our mental gaze towards the East, and see what are the global implications of such a shift in centers of power \u2014 if there are any&#8230; [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3,7],"tags":[150,10262,17672,32578,965],"class_list":["post-63223","post","type-post","status-publish","format-standard","hentry","category-energy-2","category-survival-2","tag-collapse","tag-east","tag-long-emergency","tag-the-honest-sorcerer","tag-west"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/63223","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=63223"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/63223\/revisions"}],"predecessor-version":[{"id":63224,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/63223\/revisions\/63224"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=63223"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=63223"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=63223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}