Fossil Fuel Decline Could Trigger Economic and Social Upheaval in Advanced Nations

Advanced economies like the US and Europe are heavily dependent on fossil fuels and more vulnerable to energy shortages as supplies decline. This could lead to economic stagnation.

There will likely be a shift in global power and economic dominance as advanced economies struggle with energy limits while developing nations continue growth.

We can expect increased social unrest, supply chain disruptions, financial crises, and defaults on debts/contracts as advanced economies grapple with shrinking energy.

Despite narratives about moving away from fossil fuels, global emissions continue to rise, showing limited real-world impact on reducing humanity's carbon footprint thus far.

The world economy will likely follow a bumpy downward path overall, with economic collapses unfolding in stages rather than all at once. Predicting the exact changes ahead is challenging.