I’m hearing that a big ole crisis is in the makings.
Slightly spooked.
What do you think? Is it alarmist? What will inflation hit worst in this case? What will be devalued most?
I’m hearing that a big ole crisis is in the makings.
Slightly spooked.
What do you think? Is it alarmist? What will inflation hit worst in this case? What will be devalued most?
The global economy is severely weakened, but stable. There is also a long list of developments that could crater everything, both literally and figuratively, and very little to look forward to for the vast majority of the population.
Best case scenario is the ending of multiple hostilities, allowing the resumption of trade, and a slow grinding recovery.
Worst case scenario is an extinction event, either caused by escalation in Ukraine, or to a lesser extent Iran, leading to nuclear conflict.
Both extreme’s are unlikely, and the entire range between them is just various levels of who is going to get fucked.
Which will most likely happen during the next Dem presidency. But not fast enough so everyone will lose faith again and gamble with another Republican felon (maybe rapist too) and rinse and repeat.
As soon as we squeeze out of the clown car we pile right back in.
I appreciate your optimism.
It seems improbable to me that absolutely none of the current risks start to become realised in the immediate future, and that we are allowed to resume muddling on like before.
As an englishman I hate to say it, but the president of the united states is a true agent of the future.