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HerbManicyesterday at 9:27 PM0 repliesview on HN

This is the structure of catabolic collapse. When the mere maintenance costs over run the capabilities/resources of the civilisation.

Funnily enough it may turn out that those nations that just muddled along could have the best long term out comes. Yes, they never got the really good stuff but they also won't have a harder decline.

"You cannot fall out of bed if you sleep on the floor" - Turkish proverb