Five Stages of Collapse (1)
-
Financial Collapse
Financial institutions become insolvent. Savings are wiped and access to financial capital is lost. -
Commercial Collapse
Faith that the market will provide what we need is lost, as supply chains breakdown. Widespread shortages will be common. -
Political Collapse
Faith in the government is lost. The political establishment loses legitimacy and relevance. -
Social Collapse
Trust in other people is lost. Social institutions run out of resources and fail through internal conflict. -
Cultural Collapse
Faith in the goodness of humanity is lost. Families disband and compete as individuals. People lose the capacity for kindness, generosity, compassion, hospitality, honesty, charity. Every man for himself, in a dog-eat-dog world.
I am not sure about the order of the stages that he outlines. He says that financial collapse leads to commercial collapse. He suggests that when the financial systems breaks down, importers and exporters will be unable to get loans, so international trade will come to a halt and international shipping will be laid up everywhere.
I am not sure that this is correct. The financing of international trade through letters of credit was one of the first forms of financial activity to develop. I expect that if existing financial institutions collapse, traders and merchants will find other ways to finance their activities and make international exchanges.
I expect that international trade is more likely to be disrupted through wars and other political struggles.
Orlov also describes the challenges that will occur during each stage of collapse. This is probably more important than the causal connections between the various stages of collapse.
Source: http://getrad2.blogspot.com/2014/01/five-stages-of-collapse-1.html
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).