Are You Ready For This?

Three current events are on a collision course, and the result of that collision is likely to be a global economic collapse: The global debt crisis, with trillions of dollars of debt coming due, most of it in $US, at a time lenders are neither able nor willing to renew the loans, at least not at today’s interest rates. The end of cheap energy, aggravated and accelerated by the Trump Administration’s deranged, illegal, and ruinous US-Israel War on Iran. Unsustainable and mostly worthless investment in AI, leading to the largest bubble yet in the global economy, which will soon produce a horrendous stock market crash (even seasoned sober investment advisors are substantially unanimous on this). I have ranted for years about the fragility and vulnerability of our economic system, and recently I’ve been following five writers from different disciplines who have been writing about what is likely to happen short-term as these colliding events start to unwind our economic system — Cory…