What happens to the global economic system after large corporations collapse from unsustainable borrowing and the global south collapses due to the IMF?
Austerity and the continued finalization of every aspect of society. Capital will always seek new markets, and as resources become scarce we might see investment in water or food futures for certain countries.
Mortgage backed securities, NFTs, Crypto, SPACs - we're going to see more and more of this and truly dystopian shit. Like a hedge fund shorting a Life Expectancy Future by lobbying for crushing sanctions.
What happens to the global economic system after large corporations collapse from unsustainable borrowing and the global south collapses due to the IMF?
Probably some kind of debt restructuring / austerity measures that turn people into serfs
[mournfully] bitch you live in alcase
I've been to the renaissance fair!
deleted by creator
Nazi Germany v2.0
Austerity and the continued finalization of every aspect of society. Capital will always seek new markets, and as resources become scarce we might see investment in water or food futures for certain countries.
Mortgage backed securities, NFTs, Crypto, SPACs - we're going to see more and more of this and truly dystopian shit. Like a hedge fund shorting a Life Expectancy Future by lobbying for crushing sanctions.
water futures already exist :agony-deep: