What's the crisis? I mean, what makes you feel there is a crisis? I know social media can make anyone feel extremely anxious these days, but for real?
We are locked in a GDP fight globally between powers, triggering real world trade wars and hot wars based on a few hidden factors:
1) A far worse fertiltiy crisis than is publicly known (including timelines to its real effects being far closer)
2) An overabbundance of currency needing to find return in increasingly speculative arenas, an a levered debt system built that REQUIRES that return or risks catastrophic failure
3) A GDP fight globally where in the first to falter triggers a hot war
4) A collapse in social contract between workers and capital class, where in capital class have now publically stated they believe workers are no longer a neccesarry class (contradicting the real terms of point 1)
5) A set of economic rules that are being broken, sending us into the 'no playbook' zone of global stability
This is an ultra toxic mix that is showing up all at once.
1) demographics are collapsing worse than expected for high value cohorts (working and fighting age men and child bearing women) because older numbers didn’t cohort ages eg real numbers can linearly decline supported but large older cohorts while younger cohorts can collapse much faster.
2) The UN failed to do math in the cohort trap (each generation of women is smaller making less children) that bends down the curve even more steeply faster
3) china is undergoing strategic compression and Russia is already in it. Russia seeks to have chosen to “go out in a flame rather than slowly decline”
4) the third and developing world was widely assumed to be our demographic bailout, latest numbers show they are collapsing faster than the developed non Asian world.
Changing human motivations is significantly harder than drilling a new hole or putting up a solar panel.
To avoid political problems, make sure these new people do not become citizens so they don't vote, let them just be workers and consumers.
U.S. M2 money supply tripling in 15 years. US gov public debt more than tripling over the same period.
People from the middle class being unable to buy a house.
The money printer has been going brrrrrr since a very long time and everything got badly distorted.
My bet is that when the next financial crisis hits, we'll see helicopter Ben and hear the brrrrr again.
The crisis in one webpage:
P.S: that's not talking about a country like France, where the IMF shall have to intervene soon as public spendings are totally out of control and the public debt is running wild.