Inflation is not economic armageddon, only an economic pest. Anyway, the risk is higher in southeast Asia where 99.9% of oil and gas comes from the Gulf.
AI-bubble is closer to fail to deliver results than replacing people. There is a risk in all the money invested burning up in a giant fire, not in taking our jobs.
US debt is growing, but 1 year of increase won’t change much.
Russia/Ukraine has been dragging since Crimea invasion (2014).
Venezuela is less disrupted than it seems. People was really looking forward to a change.
Greenland was a brain fart
Cuba is alone. It may be a total change for them, but zero impact outside the island.
The only thing I know for sure: I don’t know nothing!
Can’t remember a moment in my already quite long life that there was no problem, war, inflation, idiots as politicians, stock market crashes and so on. Crisis after crisis after crisis.
My personal and economic life is much better than 40 or 50 years ago. I found peace and while 50 years ago I had to work one week per month without a single Rappen in my pocket my peace of mind when getting older made money find me, not the other way round. It all can be over in the blink of an eye, but like the Spaniards say: “que me quiten lo bailado!”.
I have seen inflation in Venezuela. Just understand that cash is trash (so are bonds) and you are OK. All central banks want inflation because we are stupid and cannot accept lower prices for some things. So, inflation is the only solution and knowing that just don’t keep money. It has a state guarantee to lose value.
AI obviously rises productivity in some fields, even it spends lots of energy. Higher productivity was a good thing historically.
US debt and almost all debt, hell, even my debt, is rising. So what, it is just money and cash is trash!
There were, are and will be wars because we are made that way. It is in our genes to kill each other. That is bad, but not an armageddon.
Venezuela, I love that country. Finally I’ll be able to visit again soon.
Greenland? What’s that?
Cuba is the last communist bastion, when it falls there will be big business. And I finally will be able to visit. I always thought that I could not during my lifetime.
China? Taiwan? Another war? Let’s hope not, but who knows.
Remember: all may be over in the blink of an eye. So why worry? Nuclear weapon can destroy the complete earth and end humankind just like that. And we cannot do anything against it. Just enjoy while it lasts, that is what I do!
