Re <<The entire global economy is going to become somewhere between 3 to 5 or 10% less "efficient" over the next three to five years>>
Your numbers are good, and I think 10% less, now, 3% less later, and 5% weighted average over duration of 5 years, to 2026, the cusp of TeoTwawKi, for those companies slow on the uptake
For some, against the agile and astute in own respective sectors, might be setup for existential event post 2026.
But the agile and astute might improve quite a bit, doing all necessary to improve chances at survival, but end up much more efficient to point of net loss of jobs even as revenue / profit increase.
The efficiency gains, if FED mandates hold (stability of price, and lots of employment), and silly mandates, then more fiat inflation (as opposed to money deflation) because central banking tools are also silly.
I think to self, ‘they’ must stop inflation, and stop clubbing gold.
But I understand that, ‘they’ will do nothing of the sort, because bad stuff already baked in, and the train only has theoretical brakes that none dares to try to use.
Crypto and gold, and Pelosi’s list Message 33542333 seem good. |