But what is their wealth, exactly? Assets which no longer have value. Money which no longer has a use. Who's going to maintain their jets when the economy collapses? Who's going to build the parts? Who's going to build the tools to build the parts? Who's going to mine the ores?
Their lives are built atop the same supply chain we all depend on. They don't have their own miners, or aerospace engineers to design planes, or naval architects to build their boats.
They can not consume the marginal capacity of an economy that doesn't exist.
Their lives are built atop the same supply chain we all depend on. They don't have their own miners, or aerospace engineers to design planes, or naval architects to build their boats.
They can not consume the marginal capacity of an economy that doesn't exist.