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#economic-collapse — Public Fediverse posts

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  1. 🤔 Mmmm …. and who controls the Bab el-Mandeb I wonder?

    “Global Collapse If Hormuz and Bab el‑Mandeb Close: How shutting two chokepoints would break the world economy”

    by Kathy in Manufacturing Dissent on Substack

    @[email protected]
    @[email protected]
    @[email protected]
    @iran
    @BBC5Live
    @BBCRadio4
    @BBCNews
    @AlJazeera

    “The Strait of Hormuz and the Bab el‑Mandeb Strait are two of the most critical arteries in the global system. Hormuz moves a massive share of the world’s crude oil and liquefied natural gas. Bab el‑Mandeb connects the Indian Ocean to the Suez Canal and the Mediterranean. If both were closed at the same time, the world would not experience a mild disruption. It would experience a systemic breakdown that touches every part of modern life”

    open.substack.com/pub/mandisse

    #Press #SocialMedia #Iran #War #Trump #Israel #OperationEpsteinFury #OperationEpicMistake #RegimeChange #WarCrimes #CrimesAgainstHumanity #Hormuz #Empire #Collapse #US #BabElMandeb #EconomicCollapse

  2. Representative Ted Lieu asserts that the American economy is collapsing, attributing the cause to Donald Trump. #EconomicCollapse #PoliticalAccountability

  3. Until the unredacted names of the paedophiles on the Epstein files are released, the People will have no way knowing if Trump is being blackmailed by Putin and Netanyahu! #EndlessWars #BondiContempt #EpsteinFiles #EconomicCollapse #WW3

  4. Regime officially standing 🇮🇷 but citizens counting cash worth less than chewing gum 💸 That $3 "Iran-cheque" note? It's not economics—it's a ticking time bomb. Tehran's leadership has 72 hours to feed the people or face the streets... again. #IranCrisis #RialCollapse #RegimeOnEdge #TehranProtests #EconomicCollapse

    👉 Read more: talknation.site/2026/03/irans-

    🔗 Full Story: talknation.site/2026/03/irans-

    #news #tech #talknation

  5. NY Times: Former Farming Leaders Warn U.S. Agriculture Could Face ‘Widespread Collapse’

    A group of past government officials and the former heads of farming associations issued a dire warning to members of Congress.

    #hunger #tariffs #economy #foodsupply #economiccollapse #collapse #politics #USPol

  6. Economic Collapse in Japan, US, and Europe: Insights from Experts Glenn Diesen and Sean Foo

    Insights from Experts: Economic Collapse in Japan, US, and Europe

    The specter of economic collapse is haunting major global powers, with Japan, the United States, and Europe facing unprecedented challenges from mounting debts, currency fluctuations, and geopolitical pressures. In a recent interview, Professor Glenn Diesen, an expert on Russian international affairs and geoeconomics, engaged with economist and China specialist Sean Foo to dissect these issues. Their discussion, grounded in empirical observations, highlights how these economies are trapped in cycles of stimulus, tariffs, and dependency that could precipitate broader economic collapse if not addressed.

    Japan’s predicament exemplifies the risks of prolonged fiscal imbalance. With a debt-to-GDP ratio hovering around 230-250%, the country has relied on massive stimulus packages to avert immediate economic collapse. Foo points out that Japan’s central bank, the Bank of Japan (BOJ), recently hinted at raising interest rates to stabilize the yen, which has been depreciating sharply against the dollar for months. This currency collapse exacerbates import costs, particularly for energy, as Japan imports 85-90% of its energy mix post-Fukushima disaster. Oil, LNG, and coal prices surge when the yen weakens, driving up domestic inflation and industrial input costs. For instance, manufacturing a car becomes more expensive, threatening Japan’s export-driven economy.

    The interview reveals how U.S. tariffs, potentially reaching 10-20%, are already impacting Japanese exports to America, which have declined for five to six consecutive months. The U.S. administration’s push for Japan to relocate factories, such as automobile and semiconductor plants, to American shores adds further strain. This could lead to industrial hollowing out in Japan, mirroring broader fears of economic collapse. Instead of dumping U.S. Treasuries—Japan holds over $1 trillion worth—the BOJ’s interest rate hike aims to attract capital back home, potentially appreciating the yen but increasing debt servicing costs. Foo warns that this is a short-term fix, as higher rates on such massive debt could eventually trigger default or deeper economic collapse.

    Shifting focus to the United States, the conversation underscores a debt spiral that has ballooned from $9 trillion in 2009 to $38 trillion today. Diesen notes that post-2008 financial crisis, countries like China and Russia began diversifying away from U.S. dependency, launching initiatives like the Belt and Road and the Asian Infrastructure Investment Bank. Yet, U.S. debt continues to accelerate, fueling assumptions of inevitable economic collapse unless inflation is weaponized. Foo argues the U.S. is trapped: inflate to sustain hegemony or face defeat in the global economic war. Massive borrowing supports supply chain rebuilding in allies like Australia and Southeast Asia, as well as the semiconductor and AI sectors.

    The U.S. advantage in technology, particularly AI, is being propped up by redirecting funds from Main Street consumers to tech giants via tariffs and deficits. This “hollowing out” of industrial America aims to win the AI war against China, but it risks economic collapse if the bubble bursts. Empirical data shows U.S. strategies involve arm-twisting allies, extracting wealth to bolster GDP growth at their expense—a “Count Dracula strategy,” as Foo quips. Actions like bailing out Argentina with $10-20 billion or pressuring Venezuela for oil highlight efforts to dominate the Western Hemisphere, compensating for losses in the Global South.

    Europe’s woes compound the narrative of potential economic collapse across the West. High energy prices from severing Russian ties have deindustrialized key sectors, with German industries relocating to the U.S. for cheaper energy. Sanctions on Russia, intended to strangle its economy, have backfired by redirecting vast energy resources—like gas from Power of Siberia 2—to China, granting it a competitive edge. Europe’s obedience to U.S. demands for expensive American LNG over affordable Russian supplies has inflated costs, eroding industrial competitiveness. Foo suggests Europe could regain advantage by negotiating directly with Russia for cheap energy and labor, but political indecision and bloc politics block this path.

    The interview emphasizes how U.S.-led sanctions since 2022 have accelerated de-dollarization, pushing Russia and China into a formidable economic bloc. Trade between them has reached 99.1% de-dollarized, using rubles or yuan, with Russia issuing yuan-denominated bonds to manage its surplus. This virtuous loop—cheap Russian commodities fueling Chinese manufacturing—strengthens both against Western pressures. China’s holdings of U.S. Treasuries have dipped to around $700-800 billion, with diversification into gold (buying 10 times reported amounts, per analysts) and Belt and Road investments. Foo predicts China will retain nominal U.S. debt for trade but shift fully once yuan settlement dominates cross-border deals.

    The Economic Collapse Threat in the AI Race

    Central to averting or accelerating economic collapse is the U.S.-China AI race. The U.S. pours trillions into achieving artificial general intelligence (AGI), gambling on innovation to leapfrog rivals. However, China holds advantages in manufacturing capacity, creating a virtuous innovation loop absent in the debt-fueled U.S. model. Foo doubts outright U.S. victory, suggesting survival depends on cannibalizing G7 allies. Decoupling into geoeconomic blocks—U.S.-led West versus China-Russia-led East—seems inevitable, with remnants of trade persisting but critical sectors like chips bifurcating.

    China’s slowdown, with recent data showing moderated industrial output and retail sales, fuels U.S. optimism for outlasting it in economic competition. Yet, Foo counters that China’s lower borrowing costs (1.8-1.9% vs. U.S. 4-4.2%) and efficient stimulus spending give it an edge. Stimulus rumors in China could stretch further than U.S. equivalents, avoiding wealth inequality and revolt risks. The yuan’s stability, appreciating 3-6% against the dollar, attracts borrowers, eroding the Eurodollar market’s $30-100 trillion dominance.

    Broader Implications for Global Financial Systems

    The petrodollar’s decline, replaced by Eurodollar demand, faces threats from U.S. deficits destabilizing the system. Countries issuing dollar-denominated debt may pivot to yuan for stability, especially with China’s export prowess. Iran’s sanction-evading expertise and Russia’s resilience highlight parallel systems emerging. The interview warns that without an “amicable divorce,” U.S. debt implosion could trigger widespread economic collapse.

    Europe’s path to recovery lies in ending the new Cold War with Russia, reintegrating for prosperity. Yet, hatred and NATO dependencies hinder this, perpetuating division. India’s caution against U.S. blocks underscores risks of vassalage and weakening.

    The interview paints a grim picture of economic collapse risks in Japan, US, and Europe, driven by debt, tariffs, and misguided geopolitics. While the West clings to unipolar strategies, China and Russia’s alliance accelerates multipolarity. Empirical trends suggest a bifurcated world, where innovation and manufacturing decide winners, potentially averting total collapse through diversification but demanding radical policy shifts.

    👉 Share your thoughts in the comments, and explore more insights on our Journal and Magazine. Please consider becoming a subscriber, thank you: https://dunapress.org/subscriptions – Follow J&M Duna Press on social media. Join the Oslo Meet by connecting experiences and uniting solutions: https://oslomeet.org

    References:

    #debtCrisis #DebtCrisis #economicCollapse #EconomicCollapse #Geopolitics #GlobalFinance

  7. Cory Doctorow believes that the economic crash that will ensue when the "AI" bubble finally bursts will make the GFC look like a mild wobble. Worse, there's nothing any of us can do except burst the bubble as quickly as possible, to reduce the scale of the damage. Bleak stuff, but his logic is hard to fault;

    craphound.com/news/2025/10/06/

    #podcasts #CoryDoctorow #CrapHound #AI #EconomicCollapse

  8. Monday, September 1, 2025

    Russia says the quiet part out loud: war in Ukraine to continue, more mass bombings of cities -- 3,350 ERAM missiles are heading to Ukraine; here's how they can be used against Russia -- "Wishful thinking, outright lies": Ukraine dismisses Russia's claims of battlefield success -- Ukrainian forces liberate village near Kupiansk in Kharkiv Oblast ... and more

    activitypub.writeworks.uk/2025

  9. Under Trump, the U.S. national debt exploded past $37 trillion—crossing $1 trillion in under 8 months. Years of reckless spending, tax giveaways for the wealthy, and ignoring fiscal sanity have pushed America closer to financial ruin. #DebtDisaster #TrumpMess #EconomicCollapse

  10. Does your right wing uncle realize how extremely expensive, stupid, and wasteful it is to pay dozens of lawyers, judges, clerks, etc to fight over dozens of illegal executive orders for weeks or months on end?

    #ImpeachConvictRemove #ImpeachTheFascists #RaiseTheBar #DemandMore #uspol #USPolitics #journalism #news #Resist #media #socialmedia #FascistTakeover #MakeThemFight #EconomicCollapse #Constitution

  11. Tariffs are Import Taxes. They are a way the State can manipulate markets. Markets with tariffs are not free markets. Farmers who have enough trouble with bad weather and pests and everything else getting slammed with gov't fuckery is idiot orange spray-tan's idea of smart policy. Stupidity beyond words.

    ImpeachConvictRemove #ImpeachTheFascists #TradeWar #Imports #Tariffs #RaiseTheBar #uspol #USPolitics #journalism #news #media #socialmedia #EconomicCollapse #immigrants #immigrantrights

  12. The US economy shrank for the first time in three years last quarter, according to new data released yesterday.

    I’m glad trump kept the economy humming the last 3 years. That old, sleepy, Biden is to blame for this economic downturn.

    #useconomy #shrinkingeconomy #economiccollapse #tarrifs #highprices #stopspending #facism #maga

    wsj.com/economy/us-gdp-q1-2025