this post was submitted on 12 Aug 2024
922 points (97.6% liked)

Degrowth

761 readers
1 users here now

Discussions about degrowth and all sorts of related topics. This includes UBI, economic democracy, the economics of green technologies, enviromental legislation and many more intressting economic topics.

founded 1 year ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 3 points 3 months ago

That would be the absolute worst case scenario which I don't think would happen. Barring world nuclear holocaust they're pretty immune. Look at the Russian oligarchs, for the most part even with their assets frozen in multiple countries they're still living in opulence as they have money stored in plenty of countries that don't hate them. That's the trick, they're so rich they cna afford to have multi million dollar piggy banks all over the place.