As the world changes I cant believe how fast these changes are.
In the news I see Ukraine and Russia continue to use drones to hurt each other and destroy infrastructure and property.
The Iran war same thing, I believe parts of the Middle East are becoming irrelevant, not Iran but the surrounding countries.
INFLUENCERS, 2008 financial Crisis.
Ever sense the financial crisis there has been changes going on underneath the service.
The Influencers seemed to come to power in 2008. Nothing much has changed except now influencers have more power and influence and thats changing everything.
In the economy there are more people walking away from traditional carriers.
There are more people starting online and offline businesses.
There are more people jumping ship and moving overseas or just living in vans and or wild camping while they walk or bike across the country.
I see this in many Western countries even in the East.
As most politicians and governing elites lose legitimacy people stop producing like they did before.
It seems like the wealth of the world is changing.
Remonitization Of Gold.
I see the same thing in gold too. In Turkey you can deposit gold in a bank and earn interest income, im not sure if its payable in gold.
More wealthy people are buying gold as well as Governments.
People dont seem to trust Governments to honor there promises to pay or pay there bond holders interest or pension obligations.
Even in North America people are starting to buy gold coins, like they do in Asia or the Middle East.
Maybe the Turkish Government sold gold but the citizens are buying same in India. It seems the trust is gone.
Meanwhile in the US we are back to the reflation trade.
Thats it for today.
No comments:
Post a Comment