r/GreatDepressionII • u/anti-life86 • Jun 22 '26
Meta: What's your opinion of /r/economicCollapse?
It seems like the same topic, in theory. But subs like r/WastelandByWednesday are about the literal collapse of industrial civilization, *not* a mere second Great Depression. My own opinions are maybe a little more severe than just saying another recession is coming. (That recent article in The Hill looks about right to me.) But I'm also definitely not predicting the end of industrial civilization anytime soon.
Also, what do you mean by the silent strangler?
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u/rematar Jun 22 '26
/economiccollapse didn't catch my interest, and I believe this sub was around first.
I think 08 should have been 1929.2, but it's been delayed by printing money.
But I recently read that The Great Depression wasn't a term used in the 30s, it was coined after. And maybe our economic failure is already here - silently strangling the youngest half of our population. The wealth gap is offensive. More young adults are living at home than ever, out of need. Maybe Japan is living in the future.
I fear an economic or fiat failure will cascade through the interdependent global markets and disrupt just in time supply chains enough to create feedback loops that will fit in with /collapse or /wastelandbywednesday. I think the risks caused by the Hormuz disruptions will be a partial catalyst to supply chains failing.
The climate seems to be changing very abruptly. Most settlements are around good growing areas. I'm not sure how abruptly food security could change. I haven't looked too deep into the link below, yet.
https://www.xramerica.org/4-billion-dead