Where ever we look we see division. As the stock market rises to record highs, anticipation for the Crypto Bull Market is also increasing. On the other spectrum, housing sales are rapidly declining and the car market appears to be in complete shambles. What is the truth of the state of our world economy?
When looking past the economic climate we see division within the political spectrum as an upcoming American election season is upon us. Also wars are expanding across the globe as the lines in the sand have been drawn.
What does all of this mean for those of us that have no control over any of these situations? So much fear is in our world and the fear of what is coming has only begun to ensue.
Once the unraveling ensues, we will witness something that none of us have ever encountered before. What will our world look like when asset prices are increasing beyond the purchasing power of the masses, while global supplies are limited due to substantial military actions around the globe? How are we to maneuver this incoming global landscape?
The death of a global currency is something we have only read about or thought about in our outlandish dreams. None of us are truly prepared for what is coming as we do not truly know what to expect.
One thing that we can see for-sure is that the coming world will be drastically different then the world we grew up in. The digital age will continue to grow and with the inclusion of AI, we may all become a subspecies if the Trans-humanists get their way. Combine this with a rapidly expanding wealth gap (many are proclaiming the largest transfer of wealth in human history is upon us) and we will see division like mankind has never witnessed.
All across our country, the homeless population is increasing drastically and that is without the upcoming economic climate. As things digress, this issue will only become worse. What will those in power do to correct this problem? Some say universal basic income is the answer, while others state to put all homeless into worker camps so that they must work to get their daily bread. Either situation is only a guess as to the correct answer as the homeless population has the possibility of ballooning into a substantial problems for all within the modern world.
Plus, if the global supply chain is broken, due to war, than what happens to all of us that are dependent on receiving our food and supplies delivered to our cities? How many local governments or state governments have the ability to produce all the needed goods to sustain their populations? None of them.
So this will only increase the cost of goods as supplies are limited, thus causing even more division between those who can afford food and those who cannot. When people are pushed to the brink of starvation, societal norms no longer matter. Only providing for their family matters and everything else is subjective.
Watching the financial experts talk about a soft landing being achieved is just a matter of entertainment at this point. People are struggling to provide for their families during the current economic situation and will only fall further behind if the markets and asset prices increase. Those who have weathered this current storm, and still hold their assets, may benefit from the coming inflationary rally. Those who were unable to hold assets, will fall further behind unless some drastic solution is achieved.
Again this will cause division. How can the government provide assistance to those in need without giving to those who are thriving? Is this even something that is desired as we are all being told that everything is ok and no need to do any type of stimulus?
Time will tell but one thing we can all see is that our world is being divided like it has never been divided before. Brother will be against brother as assets and resources are limited and costs increase beyond our purchasing power. Those who benefit will be expected to share with those who do not benefit, but fear will limit this support. Having control of wealth generating assets during a time when others are starving will stretch our personal moral fabric and all of us as a people.
Can we weather this upcoming diversionary storm without causing massing civil and social unrest? Can we come together as humans or will our modern reality cause mankind to lose all sense of unity and empathy?
On thing for sure that is certain, 2024 will definitely be a year the world will remember.
