The Great housing bust of 2022 is the last shoe to drop as central banks burst the everything bubble with aggressive tightening. If the FOMC follows through with a third 75 basis point hike in September, Monetary policy has gone from unprecedented easing during the lockdowns of 2020 to unprecedented tightening. This radical shift in …
Systemic Crisis
We could be in a systemic crisis, a period of great uncertainty characterized by failing currencies, bank closures, supply chain collapses, and heightened geopolitical uncertainties, leading to war. A paradigm shift is underway. The unipolar world with the US as the sole hegemonic power dominating international trade, global shipping routes, and shaping foreign policy is …