Crystal ball (from March 2023), "intertwined trends over time":
- Central bankers pause and markets get high on (the mere whiff) of its own supply
- Real estate, banks, pension funds, etc, are still fucked, however. Too much leverage, distortion, and loss.
- Counterparty distrust grows, as market wobbles and falls
- Printers, print more. Politicians, lie more. "Nothing to see here"
- Enemies seize the moment abandoning USD, then fiat generally, for sale of its time/energy, and reserve assets, etc.
- The unproductive ruling class attempt to block the exits, distract, distort and threaten with force and peer pressure
- But it is too late...the empire is too indebted, and not in control of its own future.
- Europe falls first. The West threatens and wages wars of various kinds
- Neutral hard assets, you can trust, rip...game over