Polycrisis and Supply and Demand

13 November 2023

The concept of a polycrisis highlights how various interconnected crises can amplify each other, creating massive impacts beyond their individual effects. This interplay can lead to catastrophic outcomes, particularly when systemic issues like moral decay, corruption, or unresolvable supply scarcities are involved. Traditional solutions like monetary interventions become ineffective in such scenarios. The inherent fragility of systems designed for isolated challenges becomes exposed, and overconfidence and denial further worsen the situation. By the time these systemic problems are acknowledged, it may be too late for effective resolution.

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