Monetary Policy

Disorder: Hard Times In The 21st Century

Frank Diana Books , , , , , , , ,

As geopolitical instability contributes to the uncertainty of the environment, it is critical to understand how we got here. Instability does not just emerge; it evolves over time. Our current climate finds its origins in the 1970s, with 2005 representing a critical tipping point. It still amazes me to think about the prescience of a book titled the Fourth Turning – where 2005 was identified as the beginning of a crisis period. A more recent book explored the question of how we got here. Author Helen Thompson tells a story viewed through the lens of energy, democracy, and aristocracy. The historical journey presented by Disorder underscores the complexity of geopolitical convergence.

Continue reading →

2022 Prediction Consensus

Frank Diana Trends and Predictions , , , , , , , , ,

In truth, experts are merely guessing at what will happen over the coming year. In 2020, almost nobody had a pandemic on their bingo card. In 2021, NFTs completely flew under the radar of experts, and nobody saw a container ship get lodged in the Suez Canal in their crystal ball.

Nick Routley – Prediction Consensus: What the Experts See Coming in 2022

We may not be able to predict the future but we can create it. Analyzing the thoughts of experts helps us envision possible futures – and through envisioning we open a path towards creation. In this recent article via Nick Routley, we get a big picture look at what experts predict for the coming year. This visual from the article is attributed to Visual Capitalist.

Continue reading →

COVID-19 And The New Great Depression

Frank Diana Economics, Future Scenarios, Our Emerging Future, Pandemics , , , , , , , , , , , , ,

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 reading →