Even without capitalism, we’re seeing the end of the Breton-Woods agreement, which was why we’ve been living in a relatively peaceful period.
A lot of this is because the Boomers are dying out, which was the largest population group across all major countries. Before you cheer, the Boomers were the reason why most economies were mostly stable. No other generation comes even close to the size of the Boomers… Except the American Millenials.
So every country is going to absolutely nosedive to practically preindustrial times. Everyone who could survive in that environment is long dead, and people who are used to the existing comforts (including myself) are going to face challenges we haven’t seen in over 100 years.
I hope we’re ready for pain because there’s a shit ton of it in our future.
I too enjoy Zeihan’s analysis on current demographic, political and economic trends. The Amerocentrism of his theory’s on modern economics turn a lot of people off. He also has problems predicting how individual events will play out. But if you look at his theory at the macro level it seems to make sense.
Yes, we destroyed society, but for a brief, wonderful moment, shareholder value rose 25%!
Even without capitalism, we’re seeing the end of the Breton-Woods agreement, which was why we’ve been living in a relatively peaceful period.
A lot of this is because the Boomers are dying out, which was the largest population group across all major countries. Before you cheer, the Boomers were the reason why most economies were mostly stable. No other generation comes even close to the size of the Boomers… Except the American Millenials.
So every country is going to absolutely nosedive to practically preindustrial times. Everyone who could survive in that environment is long dead, and people who are used to the existing comforts (including myself) are going to face challenges we haven’t seen in over 100 years.
I hope we’re ready for pain because there’s a shit ton of it in our future.
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I look forward to saying “I told you so” in about 5 years.
People have been saying that the way we’ve been living is unsustainable, and we’ve recently been seeing just how far it reaches.
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Doubt
Okay. But don’t say I didn’t warn you.
I too enjoy Zeihan’s analysis on current demographic, political and economic trends. The Amerocentrism of his theory’s on modern economics turn a lot of people off. He also has problems predicting how individual events will play out. But if you look at his theory at the macro level it seems to make sense.
I’m taking it with a grain of salt, but he brings up some solid points.