Very interesting and insightful piece. I completely agree that what we are seeing today is a harbinger of a substantial change in the global economy coming down the road. However, I feel like this article is kind of "ahead of its time", as the change you are implying probably will take decades to actually materialize. The key sentence for me is this one:
"But that flow [of cash] can’t last forever."
That's the problem with today's economies: the strategy of the most potent governments is to keep printing money to finance their futures. So the million dollar question is ¿how long will it take until the house of cards crumbles?
Thanks for your kind comment, Adri! You're absolutely right. In my next article, I delved into the money printer conundrum, as the missing piece of the puzzle.
Hmmm... Does that mean you're faithless now? Time perhaps for a sauna at the log cabin to reflect...
My faith lies in being aware of my surroundings.
Very interesting and insightful piece. I completely agree that what we are seeing today is a harbinger of a substantial change in the global economy coming down the road. However, I feel like this article is kind of "ahead of its time", as the change you are implying probably will take decades to actually materialize. The key sentence for me is this one:
"But that flow [of cash] can’t last forever."
That's the problem with today's economies: the strategy of the most potent governments is to keep printing money to finance their futures. So the million dollar question is ¿how long will it take until the house of cards crumbles?
Thanks for your kind comment, Adri! You're absolutely right. In my next article, I delved into the money printer conundrum, as the missing piece of the puzzle.
Wealth: 🐶☕️🌞🎒🫂