To start, I presume when you say shithole you are referring to the environment created and not the people. And those places are shitholes because of the tyranny from ruthless dictators who raped and pillaged the countries over the years. You can correct me if I am wrong but that is what my understanding is of the situation.
As for Americans, spoiled and ungrateful is what I think is more accurate. Suburbia problems compared to the rest of the world yet we will still blow them up to be the end of the world. Even places that are a step above shithole, like Greece or Spain, are not places most would want to live. Those countries are being destroyed by the bankster debt which always falls on the population.
With the crypto, most are inflationary to start before leveling off and going down. Even Bitcoin was produced at an accelerating rate for a few years....now the rate is decelerating although more is still being created. The difference with a crypto is that as long as the rate is programmed into the blockchain, one cannot simply print as much as wanted. The rate is set..like STEEM is...9+% is a bit high but it is not going to deviate from the creation schedule.
The inflation situation takes us a bit off topic but we just witnessed central banks around the world (we still are since there is about $200B a month of easing still taking place) engage upon easing we never saw before. Yet we didnt see inflation. Where was it? The Fed was shooting for it for most of a decade and couldnt come close to their target even with QE1-1000. Why not?
My view simple is that inflation, long term, is no problem as things become digitized. Being in the field, you know the components that fall under the laws of IT (processing 50%, storage 33%, and software 16%) have anywhere from 16%-50% annual deflation rate. Right now 4% of the world economy falls under this with 8% in the western countries. With the advancement of AI (software) we are only going to see this accelerate.
Right now the three biggest expenses most people have are housing (3D printing), healthcare (personalized medicine/automation), and transportation (autonomous cars/ridesharing). Each is going to see a massive deflating over the next 10 years (housing might take for 3D printing to fully affect that).
Hence a great deal of the scarcity you refer to is going to be negated by both renewable energy and the digitization of many things we utilize on a daily basis. Take the automobile for example. In a decade, most like, you will be driven around by an autonomous car that is a DAO on a blockchain which is paid in some token specially designed for that. You can take as many rides as you like, even in lieu of sleeping, and it still wont inflate things.
By the way, I am glad the twins are doing well and I am sorry about the bloody nose. That is what happens though. Kids are like cats, you never know what the heck they will get into.