The world's crises are beginning

Signs the world's crises are just starting
Apr 11, 2022
Copy Share Link
image

The world’s crises are beginning:

The world’s crises are beginning.

There is unrest in Peru.

There is unrest in Sri Lanka.

Shanghai, a city of 20 million+ people, is shut down.

People are starving.

Food is getting expensive.

Inflation has consequences.

What did you expect when trillions of American dollars, the world’s reserve currency, was created in the last few years?

This is on policymakers globally for turning on the money printer for too long.

Now people are suffering.

The last time food was this expensive, the Arab spring happened.

We will have many more crises this next decade.

This will be a decade of turmoil.

Internal conflict within countries.

Economic crises globally.

Massive deflation ala the Great Depression or a hyperinflation ala Weimar Germany, both awful.

Actions have consequences.

Effectively running QE since 2008 to backstop the asset markets have widened the wealth gap to levels not seen for generations.

Something’s gotta break and likely sooner than later.

The world’s crises are just beginning.

'Keep Going You're Doing Great'

Related Posts

Personal Writings

We have our Madoff 2.0

The similarities between Bernie Madoff and Ken Griffin

January 8, 2023
Personal Writings

You should sell

The Gamestop story not being over, directly registering your shares and not selling

May 14, 2024
Personal Writings

What the hell is going on in the stock market?

Peak bubble: HKD rising 10,000% in a few weeks

August 14, 2022
Personal Writings

How Do You Think The World Works?

How we see the world, experience life through travel, and what's important

February 23, 2021
Personal Writings

My business is to create

Thoughts after watching 'P.S. I Love You'

January 13, 2024
Personal Writings

Everyone needs a cheerleader

Appreciating the cheerleaders in your life

July 5, 2021
-->