The content discusses the impending collapse of the Western capitalist system and the rise of Eurasian powers. It argues that the Western oligarchs have exhausted their countries' resources and outsourced manufacturing, leading them to rely on financialization to maintain wealth. This has created an immediate existential threat to the Western system, as the financial system has become a "gigantic bubble" that cannot be tapered.
Meanwhile, nations that have escaped Western rule have developed their own financial systems, trade routes, security, and military capabilities, including advanced nuclear weapons and hypersonic missiles. This has allowed them to neutralize the West's economic and military power, defeating the "grand strategy" of maintaining a cost-effective colonial footprint and preventing the consolidation of Eurasian hegemony.
The content suggests that the era of Western abundance and hegemony is over, and a multipolar world is already taking shape. This will likely lead to civil war, strife, and the disintegration of institutions like NATO and the EU in Europe, as well as the potential collapse of the United States. The author draws parallels to the collapse of complex societies described by Joseph A. Tainter, where a breakdown of authority, central control, and public services is followed by a period of conflict and the emergence of small, petty states.
The author argues that the depletion of resources and the rise of Eurasian powers have given them the upper hand, at least for now. However, they too will eventually face the same predicament as the West, as all high-quality resources are finite. The collapse of the Western system will free up resources currently channeled to the West, delaying the subsequent fall of Eurasia by several decades.
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thehonestsorcerer.medium.com
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by : thehonestsorcerer.medium... 07-22-2024
https://thehonestsorcerer.medium.com/time-of-troubles-ddaa2143907fDaha Derin Sorular