Thursday 20 April 2023

THE STATE OF WEALTH, EMPIRE AND PLANET IN 2023

20 April 2023

Today, we consider three related questions:
 - how to save our wealth?
 - how to save our Order?
 - how to save our planet?

Our belief in liberal democracy remains strong but our elite has corrupted its values. 

1. HOW TO MANAGE OUR SAVINGS?

Means how to save the economy, financial markets and the dollar.

Macroeconomic signals of a recession abound. On a four-light dashboard - housing, supplier orders, company profits and employment - the first three lights are red and the fourth is blinking. With average time delays, we are looking - according to this  macro view - at a recession this year; and on closer examination of the data, it won't be "a soft landing"...can't be, won't be.

We are saying that the economy and financial markets are done for. 

Stock market equity - where we store our savings - is where the consequences will be felt first.

What to do? Is it world equity or will some regions or countries fare better than others?

What about the business cycle? If the economy is shutting down, which sectors tumble first?

We will return to answers in a future article ... God willing ...

2. HOW TO MANAGE AMERICA'S EMPIRE?

On which we in The West depend, let's not forget.

All these troubles and threats emanate from America's hopeless mismanagement of its turn in the pecking Order.

But is the economic collapse of economies, markets and currencies the worst that can happen to us?

3. HOW TO SAVE OUR PLANET?

Noooo - we could blow our planet apart or completely deregulate the climate.

4. ARE THERE ANY REASONS TO BE CHEERFUL?

Time and again the cause seems to go back to the corruption of our values. Our belief in liberal democracy remains strong, but we have lost the benign tolerance. Our leadership is not connected to the interests of the people.

I want to understand how the elite became so adrift, how it has become so disrespectful of the people ... it is hubris, but that is just to describe...how did it happen? Is it something to do with the strength of its control, made possible by te hnology, that has allowed our leaders to become complacent about their power.

And what to do to put things back together again? Can the system be reformed? Or must it be overturned? This was Edmond Burke's question. Reform or revolution - France again points one way. How to break the control of the corporations and restore central authority on behalf of the people ... of the planet even?

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