this post was submitted on 28 Jun 2026
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[–] UnderpantsWeevil@lemmy.world 1 points 2 days ago

I just don’t think that it will result in a total global collapse

I don't think there's any difficulty in recognizing the risk of a global economic contraction, given the long history of global market conditions causing recessionary feedback loops. What we want to describe as a "collapse?" Idk. Certainly a global rapid deterioration, as human habitable biomes contract.

As an Aussie I’m sufficiently insulated against european inpieralism

Brother you are a product of European imperialism. And you are heavily reliant on the umbrella of NATO, along with a global financial system that transacts in your preferred currencies. Absent globalized institutions like the Bank of England and the ECB and cornerstone lenders like HSBC, you're out begging China, India, and Japan for a cup of fungible credit.

I think the Anzac’s would disagree

I can't imagine why. Aussies were vacuumed up as cannon fodder for the Pacific Theater within the first year of the war.