The prospects for the global economy are a function of convergence. While geopolitics drives economic volatility, societal shifts create uncertainty, and science and technology lead us down divergent paths. The World Economic Forum provided their thoughts in a recent article that looked at global economic prospects.
Continue readingDeflation
COVID-19 And The New Great Depression
In a new book by James Rickards, the author explores both the COVID-19 pandemic and its economic impact. A prolific writer, Economist, and adviser, Mr. Rickards predicts years of economic turbulence ahead. In The New Great Depression, Mr. Rickards sees the pandemic through an historical lens, where crisis presents a gateway between one world and the next. With an eye towards history, he concludes that the Keynes practical definition of a depression fits, and we are now in a new depression that is more far reaching than a mere technical recession. Along the way, the author wades into controversial topics such as China’s role in spreading the virus and the lockdown that ensued (which he calls the biggest policy blunder ever).
Continue readingThe Price Of Tomorrow
“The best leaders are constantly learning, curious about where they made mistakes and actively looking for areas where they might have it wrong”
“Every so often, we learn something new that rewrites all of what we have come to know and trust. In those moments, our foundation of knowledge crumbles—and with it, many of the beliefs that we have built on top of it. Those transitions are hard because we do not easily let go of our beliefs”
– Jeff Booth, The Price of Tomorrow
Reimagining the Future 