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by whall6
18 days ago
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I'm very curious what part of the article you're drawing on to suggest that their reliance on copper and tin was the cause of the collapse. The article that I read seemed to suggest it was climate related. I have no idea where you're from, but oil is not what it once was, especially in the United States. In fact, we have a very recent case study substantiating this claim: the closure of the Strait of Hormuz. The Strait sees 20% of the entire world's supply transit through when under normal conditions. Yet after being completely closed (then slightly reopened, and now almost completely closed again), the world is functioning relatively normally and is much less impacted than it would have likely been even 20 years ago. My conclusion from the article is entirely different: collapse doesn't necessarily occur all at once. And given that, maybe to someone living through this collapse, they wouldn't have even recognized it. |
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> I have no idea where you're from
I'm from the US and looking out my window to the street below I notice that that more than 90% of the vehicles are still running on petroleum. The impact of high petroleum prices seems obvious to me.
An unrelated question, but why do you think petroleum prices are not correlating with with the straight closure. If, as you opine, the world has changed then why did prices rise in the first place? Was it market speculation based on an outdated worldview, or was it something else? I do not know.
[edit:corrected my formatting error]