Think about it /pol/. Seeing that:
>they couldn't normalize interest rates with QE 1, 2 and 3
>thus they won't be able to shrink a MASSIVE balance sheet of 21+ trillions with QE 4.
>economic exchanges abruptly stop
>local fights arise for resources, especially food and water
>gang type communities in constant conflict
>political darwinism ensues
>middle term : world armies, who are much stronger than gangs, will have to reconquer their own countries and declare martial law. That could take a few weeks to a few month, depending on shit.
Number of casualties at this point : probably sky high. Kills, diseases, maybe even local ethnic cleansings.
I don't see a global conflict erupting after this point if superpowers manage to signal to each other that they have their finger on their nuclear triggers again. In both Europe and the US, things could normalize fairly rapidly, but people would have to fucking cultivate their own local food.
Armies in more authoritarian countries like Russia or China could literally enslave their own population though.
The economy would be based on natural resources like food and measured in terms of productivity, not some bs GDP measure that's based on some model that has inflation as a premiss.
>local and global economic exchanges slowly grow again.
>we all walk the dinosaur.jpg
>>130568425
I have.
Its Good So Very Good Goy. You have no idea how Happy I am.
The Blood God will drink so much Blood Sooo much!!!! BLOOD
>>130569300
Gotta wonder what'll happen to those guys. Actually, Israel might take the excuse that muh diaspora is persecuted to invade neighboring countries. They'd have their great state.
>>130568425
In Soviet Russia, bubble breaks you!
>>130569825
not without a trillion american petro dollars they won't. if the u.s. gets hit with a real depression then israel is fucked.