While it is difficult to be ready for change, we should try to be diligent and remain ready. The reality is that when change does occur, it may come fast and furious. The big shock is rooted in the speed things can unravel in our modern world. People tend to discount risk after years of hearing warnings of doom that fail to materialize. An example of this is the resilience of the stock market here in America as the Fed raises interest rates.
In a recent video Robert Kiyosaki author of “Rich Dad Poor Dad,” and Raoul Pal warn about the great reset of 2022 in the world economy. This includes several scenarios of how things might play out. Many of the references to similar past periods throughout this video, help cultivate a better understanding of today’s macroeconomic environment & trends. The video refers to how the IMF recently painted a picture of a world economy that promised slow or no growth. The IMF implied there was little hope as it stated the world economy is heading into the worst economic headwinds since World War II.
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With the IMF's view of the economy in mind, it is important to note, that risk abounds. One of those risks is that, whether we are talking about Democracy, Communism, Socialism, or Fascism the strong link they share is one of dominance and a desire to control. We are currently witnessing some of what I'm writing about now happening in China. The combination of additional unbridled spending and new programs focused on controlling the masses by administering programs geared to curb social unrest is not appealing. Sadly, this is what we may see if things slip into chaos. Again, the real shocker is just how fast this might unfold.
Here is the link to the video mentioned above; https://www.youtube.com/watch?v=loWxa5szbvU
(Republishing of this article welcomed with reference to Bruce Wilds/AdvancingTime Blog)