Writing the Apocalypse: Economic Collapse
As a precursor to the release of my new novel This Broken Earth, I will be posting periodic research I have been doing into the possible downfall of our world as we know it. I wanted my novel to have a realistic feel as if the events I describe could possibly happen to our world. It is important that writers create believable worlds for their readers, even if those worlds do not exist in our present time. Writers must ask themselves the hard questions about their setting and whether or not it is plausible.
I completed much research, consulted experts and read countless articles about the possibilities of a world wide end game. I won’t bore you with most of it, but I have compiled a workable scenario in case any of you are thinking of writing about a post-apocalypse world.
I will have to say that things don’t look good. If any of the following scenarios play out, then the world is in for a bumpy ride. Today we will explore a world wide economic collapse. (Note: Some of this info is highly speculative, and is only used for purposes of writing a believable setting for my novel)
1. The Collapse of the Dollar – Whether the source is legitimate or not, apparently there is a CIA memo floating around that shows that the Dollar is in for a collapse by 2025. The following is a youtube video which explores the possibility of this event and what it could do to the world economy:
2. World Economic Collapse – Whether or not the U.S. Dollar is the linchpin that holds the world economy together remains to be seen. The Federal Reserve doesn’t seem to think that the dollar is tied too closely to the world economy. Recent events in Greece are disturbing, and the following video while a bit humorous is also frightening and possibly true.
How can the world economy keep bailing out failing countries when the countries doing the bailing are up to their knickers in debt themselves? It is worth thinking about.
3. China Is the Catalyst – In all of these scenarios, China plays a big part. China’s exploding economy resembles the economy of the United States during the roaring ’20’s, and we all know how that turned out for the U.S. The Guardian reported back in January that things are not all that rosy for the superpower either. This could lead to their refusal to bail out the United States. The United States is like a college student who signs up for a credit card, maxes it out, then signs up for another one, maxes that one out, then continues the process, all the while mom and dad (China) may be responsible for the debt. What if they cut the U.S. off?
All of this, however, seems to lead to a war. Tune in next Monday for the next installment of Writing the Apocalypse. I hope I didn’t scare anyone with this information. Possibly our governments should be responding to this…or not. I’m sure they know about it.
It makes great fodder for a post-apocalypse novel, though.
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