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How not to Fail Economics Forever?

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Wolf1066 Crazy Kiwi from New Zealand (Veteran) Relationship Status: Dancing with myself
Crazy Kiwi
#1: Jun 3rd 2011 at 8:14:26 PM

My current work is based on global economic collapse and how a group of "average" families survive.

It's a "Peak Oil" scenario.

My big problem is that, although I've read a lot on the theory of why climbing costs and relative scarcity of oil would destabilise the World, I'm not very well versed in World Economics and how things are likely to progress as things start coming unstuck prior to the collapse.

I want it to be as realistic as possible and, although I'm mostly focussed on a group of people in one part of one country wider events will affect them and they will hear of how things are going in the World at large (at the very least, radio is still going to work - Civil Defence will ensure it).

As part of my story, I would like to have war ensue - at least at the outset of the troubles - but don't know if it'd be plausible or realistic for countries to commit to the expense of transporting troops and ordnance and using dwindling resources as the World is rapidly sliding into bankruptcy.

It's the sort of action that is likely to worsen the problem for the countries involved rather than make it better so I don't know if anyone would believe a country would try it.

If war is too improbable, I'd do with out it - just have to find different motivations for a couple of characters.

I'm wanting to make the progression from affluent, rather wasteful, society to one where goods are scarce as realistic as possible and without anything sparking an Epic Fail reaction from the readers.

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