This blog posting represents the views of the author, David Fosberry. Those opinions may change over time. They do not constitute an expert legal or financial opinion.
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Posted on 1st October 2023 |
Show only this post Show all posts in this thread (the environment). |
This report on inews describes one climate scientist's view that society will completely collapse by 2050. He is so convinced of this that he has made preparations, including relocating his family and making his home proof against some of the consequences of such a collapse. I have written several posts about societal collapse in this thread of this blog: in summary, everything from law enforcement and government services, though supplies of food and water, to the banking system are likely to fail. One of the things that I and others have predicted is major water shortages, resulting in wars over access to water. Such problems are precisely what is going on in France right now, as reported here on Foreign Policy. Several parts of the USA have, or recently had, severe water shortages, with tensions between private consumers, industry and agriculture; between government and native American tribes; between different states in the USA; and between the USA and Mexico (over the usage of water from the Colorado River). There are water shortages all across Europe. The Panama canal has so little water that traffic through the canal has been limited, which is impacting availability and prices of internationally traded food. On the financial side, the Daily Mail reports "staggering losses" by a gold-plated pension scheme. There have been bank collapses this year in the USA. Some nation's currencies have major problems; the Turkish Lira, for example, is in free-fall. There is enormous international concern because of some company collapses (e.g. Evergrande) in China (once an economic powerhouse). Bearing all the above in mind, total societal collapse by 2050 seems somewhat optimistic. The early stages are happening now. |