I am interested in collapse, when things fall apart.
Sometimes collapse is a divorce of two formerly allied alphas battling for supremacy of their smoking rubble empire, while civilians die or if they have the means, flee with their lives.
However other collapses are the result of bankruptcy.
Alphas gamble resources to acquire competitive advantages or they have nothing left to lose. Sometimes there are no other choices but to gamble and risk losing. When you have nothing left to lose the best choice is to pay criminals to cross the Mediterranean and risk death or the US border and risk imprisonment.
Civilizations require electricity. New coal generation is out.
Sometimes the only choice is to hire the company that built the 3 Mile Island disaster to build new power plants on your property. And they were first approved since the disaster.
Utilities in the South Carolina and Georgia contracted Westinghouse to build 4 reactors designed to solve problems with construction cost overruns and operating safety.
Westinghouse has declared bankruptcy. The plants are left unfinished. Monuments to collapse. The American nuclear industries version of Copan's Altar L.
How to consider the issues?
Micro issues
- declining marginal returns
- declining debt productivity
- increasing complexity
- alphas toshiba vs alphas westinghouse vs alphas cbi
Macro issues
- USA quit fail industry - military excluded
- global industry - who is left
- energy future construction
- energy future generation
- energy future capacity
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