What a lot of people also miss is that we’re in the age demographic bomb, where the global population is both aging rapidly and declining at the same time I.e. japanification
This means that global consumption will decline too which coincides with both factories and power plants shutting down
It kind of makes sense when you think we’re going to be running out of working adults like Japan, Germany, South Korea, Italy, and China to name a few countries. Even developing countries have seen their birthrates plummet. It’s like Children of Men IRL
This means that global consumption will decline too which coincides with both factories and power plants shutting down