Although this article on Common Dreams reads like a propaganda piece, full of rants and political bias, with phrases like "the oil companies' choice to use their monopoly over the energy system to offset their falling profits" and "the funding of the repressive apparatus", the author makes a good point (and he is not the first).

His thesis is in the title: "The Climate Crisis Will Be the Mother of All Financial Crises", and that some of our recent economic woes (inflation, supply chain problems and bank collapses) are just a foretaste of what the climate crisis will bring. The arguments are the same as those of the people warning us of societal collapse, which I wrote about here.

A major financial crisis is the most likely trigger for societal collapse, and that means that we can look forward to not only raging inflation and the loss of our investments, government benefits (tax allowances, unemployment benefit and health care) and pensions, but the resulting collapse of international trading (so, no more coffee for most of us, no out of season fruit and vegetables, and so on), law and order, public transport (transportation, to any Americans), the services that supply us with electricity, water, sewage handling, garbage collection, etc.

As a result, we can forget voting and constitutional rights, eating regularly and safe drinking water.

Life is likely to become very unpleasant, difficult and unsafe.

Those people, often viewed as nut jobs, who are survivalists, with a bunker, guns, batteries, stockpiles of food and generators won't look so crazy if it all comes to pass.