Is it necessary for the global economy to implode for XMR to grow exponentially? Or will people be able to see the merits of fungible cryptocurrency without calamity?
Define calamity. Capital controls, confiscatory taxation, bail-ins are all good for XMR. These are foreseeable, known unknowns. I don't anticipate that they will be dominant factors in valuation until after the known catalysts have made their primary impact.
Regarding knowns: Look to AML/KYC and contraband use-cases. Some consider that history has proven the war on plants to be a calamity, which we are already experiencing in the fullest. I think that will be good for 25x-50x gains in XMR if/when software usability and risk-aversion demand align.
Then there are unknown unknowns, unforseen use-cases in which privacy makes the difference between a dark world of calamity, and bright open spaces. If I were to name them, they would no longer be in this category. Very hard to discount, therefore.
It's not literally "exponential" until the factors are seen to have compounded.