- cross-posted to:
- world@lemmy.world
- cross-posted to:
- world@lemmy.world
“Effective immediately, the United States Navy, the Finest in the World, will begin the process of BLOCKADING any and all Ships trying to enter, or leave, the Strait of Hormuz,” said Trump
I mean, yes and no. Rome didn’t have military bases around the world when it collapsed and Germany didn’t have reserve currency status. But their currency DID become worthless. Stories like people burning money cuz it was cheaper than buying firewood.
I know that it won’t be “exactly the same” but maybe we could glean some valuable insight. Like physical items held value way better than currency. What did people do? Did families all return home and live with their parents/siblings since costs were too high alone?
Having an idea of where things might go or what could happen just makes me feel better about it I guess? Like I know if the dollar collapses no amount of prep will really make it better and society as we know it in the U.S. will not exist for a bit.
The global economy is new, so much has changed
4 generations ago most of the food that people ate grew within 20 miles, now a good chuck of my food is grown on four continents in dozens of countries.
This and every single thing in my house and car has supply lines stretching over a million miles when the travel of every single item, and their materials are added up. Literally, tens of millions of people helped make my items
Banking is literally hundreds or thousands of times more complex than in my grandfather’s time.
And my entire career is based on technology and infrastructure I read only hints about in science fiction books as a kid.