Category Archives: Corruption & Finance

Corruption concentrates wealth in the hands of a few at the expense of the 99% below, and this trend has accelerated the past decades. Corrupt leaders and industries are less likely to ration food and oil as it declines, accelerating collapse. I predict that the higher the level of corruption (see corruption perceptions index at transparency.org) will make collapse faster and harsher than in less corrupt nations.  I hope future historians look at this as a factor in how nations fell during the energy crisis. Though I expect that smaller towns everywhere will do better than large cities, and where local governments are uncorrupted