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it is also possible that there will be no collapse.
This seems most likely to me. Rather that things stumble on, threatening unpredictable crises at irregular intervals and giving politicians plenty of excuses to do whatever they like.
Military and monetary networks are highly aligned.
Pound sterling lost its dominance over global trade payments with the Suez crisis.
Inability to control shipping routes erodes faith in your trade payments capacity.
USA has lost control over Hormuz.
Petrodollar is losing credibility.
Biggest buyer of middle east oil today is China.
UAE and Saudis have joined BRICS and mBridge CBDC payments protocol.
Military and monetary networks are highly aligned.
Yeah and BTC has the best military network. Armies aren't free.
We could say Bitcoin miners are our army which makes me a 3-4 TB foot soldier.
I mine when the sun shines...thanks to low cost Chinese PVs.
Long live the revolution, comrade!
Someone is ultimately paying. It may just be that right now no one is paying, and later it may even be that it's not you that pays. But there are tricks. For example, the Social Security Trust Fund holds a lot of debt - about twice as much as Japan, the biggest foreign debt holder, and about half of what the Fed holds.
If a default happens, beneficiaries of that trust will get rekt. So you're paying in risk. Same with pension funds - 3rd largest private holders iirc - so you're paying in risk twice. Same with mutual funds - 1st largest private holders - which many a 401k is invested in, so if you're really unlucky, you're paying in risk thrice.
The risk is: you die after the collapse. If you die before the collapse, it is not your problem. Of course, it is also possible that there will be no collapse.