• frezik@midwest.social
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    2 months ago

    If the US government fails, everyone is going down. That’s a singularity event. By which I mean we can’t usefully prepare for whatever happens next. At best, we can do some prepper shit, but hiding in a prepper hole isn’t something that works in the long run, and sure as hell isn’t a desirable life.

    Cryptocurrency means nothing in this scenario.

    • reallykindasorta@slrpnk.net
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      2 months ago

      Personally I don’t think a successful coup or similar in the US would destroy other major powers, though it would certainly cause another global financial crisis.

      • frezik@midwest.social
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        2 months ago

        It would. In some ways, the 2008 financial crisis hurt the EU more than it hurt the US, even though all the problems originated in the US. By 2010, the US was looking like the best place to put your money.

        • reallykindasorta@slrpnk.net
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          2 months ago

          Indeed, that’s why I said it would probably cause another global financial crisis. I don’t think their governments would collapse just because the US’s did though. Brettin Woods would be dead and would need to be replaced, plus a lot of IMF loans would need to be reformulated