Friday, 05 August 2011
D2 is shorthand for the second global economic depression. It started formally in 2008, and despite a short respite over the last two years, it never left. It was only delayed by massive amounts of government intervention. It is now back in force.
D2, given the forces driving it, is going to last a decade or more. Simple prepping might help a little but it’s far from what is going to be required given its duration.
This depression will fundamentally reorder the economic, political and social landscape. When it ends, most of the global institutions and markets we see today will mere husks of what they are today.
What will replace them? That’s up to you.