Scholz Crisis 2025
Coming crisis time line
Scholz Crisis 2025
Global Economic Collapse Timeline (1 Year): A Cascading Crisis in a Hyperconnected World
This scenario assumes a simultaneous economic collapse across all major countries, similar to the one outlined previously, but on a global scale. The timeline considers the interconnectedness of the modern world and the potential for a more rapid and severe downturn.
Months 1-2:
Financial Meltdown: Stock markets worldwide crash, triggering a domino effect across economies. Banks face global liquidity crisis, potentially leading to widespread bank failures.
Supply Chain Disruptions: Global trade grinds to a halt as countries prioritize domestic needs. Shortages of essential goods (food, medicine, fuel) emerge rapidly.
Cybersecurity Threats: As financial institutions and critical infrastructure become vulnerable, cyberattacks targeting essential services become a heightened concern.
Months 3-4:
Social Unrest on a Global Scale: Widespread protests and social unrest erupt as people face unemployment, hunger, and a lack of essential goods. Governments struggle to maintain order.
Humanitarian Crisis: The collapse disproportionately affects developing nations, leading to widespread famine and disease outbreaks. International aid organizations become overwhelmed.
Breakdown of Global Institutions: International organizations like the UN and World Bank face challenges in coordinating a global response due to internal political pressures and resource constraints.
Months 5-6:
Regionalization: Countries prioritize regional trade and alliances, forming self-sufficient blocs to secure essential resources. Global trade networks become fragmented.
Migration Crisis: Mass migration ensues as people flee conflict, hunger, and a lack of opportunities in their home countries. Borders become more heavily patrolled, leading to potential human rights abuses.
Resource Wars: Competition for scarce resources like food, water, and energy intensifies, potentially leading to armed conflict between nations or regions.
Months 7-8:
Rise of Authoritarianism: Governments with strong control over resources and security may consolidate power, while democratic institutions struggle to maintain legitimacy in the face of crisis.
Collapse of Infrastructure: Lack of maintenance and funding leads to the breakdown of essential infrastructure like power grids, transportation networks, and communication systems.
Loss of Knowledge and Skills: Brain drain accelerates as skilled professionals migrate to more stable regions, hindering long-term recovery efforts.
Months 9-12:
Localized Recovery Efforts: Some regions with strong leadership and resource endowments might begin to show signs of localized economic recovery. Barter systems and local production become more prevalent.
Long-Term Restructuring: The global economy undergoes a radical restructuring, with new power dynamics and potentially a shift towards a more regionalized and self-sufficient world order.
The New Normal: The world adjusts to a lower standard of living with increased inequality and a heightened focus on basic survival and security. The interconnectedness of the pre-collapse world might be significantly diminished.
Important Considerations:
This is a hypothetical scenario, and the actual progression of events could vary depending on specific triggers and government responses.
Technological advancements and global cooperation could potentially mitigate some of the negative outcomes.
The human capacity for innovation and adaptation might play a crucial role in rebuilding societies after the collapse.
This timeline highlights the potential severity of a global economic collapse in a highly interconnected world. The cascading effects could be far-reaching and long-lasting, fundamentally altering the global landscape.
Sources
Scholz Crsis, Unpublished Hypothesis by Ed Scholz
Free Trade and the Future, 1989 G7 report, by Ed Scholz, published for the G7 Conference
Phase 1 (Months 1-4)
- "The Global Financial Crisis: Causes, Consequences, and Policy Responses" by the International Monetary Fund (2010)
- "The Great Recession: A Global Crisis" by the Federal Reserve Bank of St. Louis (2019)
- "The 2008 Financial Crisis: A Review of the Literature" by the Journal of Economic Literature (2018)
- "The Global Economic Crisis: Impact on Developing Countries" by the United Nations Development Programme (2009)
- "The Rise of Protectionism: A Threat to Global Trade" by the World Trade Organization (2019)
- "The Trade Wars: A Global Economic Crisis" by the Harvard Business Review (2019)
- "The Impact of Trade Tensions on Global Economic Growth" by the International Monetary Fund (2020)
- "The Global Food Crisis: Causes, Consequences, and Policy Responses" by the Food and Agriculture Organization of the United Nations (2009)
- "The Rise of Authoritarianism: A Global Crisis" by the Journal of Democracy (2018)
- "The Decline of Democracy: A Global Threat" by the Freedom House (2020)
- "The Impact of Climate Change on Global Economic Growth" by the Intergovernmental Panel on Climate Change (2019)
- "The Global Humanitarian Crisis: Causes, Consequences, and Policy Responses" by the United Nations High Commissioner for Refugees (2019)
- "The Future of Globalization: A New World Order" by the McKinsey Global Institute (2019)
- "The Rise of Local Economies: A Global Trend" by the Local Economies Project (2020)
- "The Impact of Technology on Global Economic Growth" by the World Economic Forum (2019)
- "The Global Shift to Renewable Energy: A New Era" by the International Renewable Energy Agency (2020)
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