Check your Pulse #26
For most of the 2020s, the driving economic force will be low growth in productivity, decreased opportunities for investment of accumulated capital, and low interest rates. It will also be a period of increasing unemployment, driven by continued decline in industry and stagnation in high tech as the result of the maturation of the core technology.
... See moreGeorge Friedman • The Storm Before the Calm: America's Discord, the Coming Crisis of the 2020s, and the Triumph Beyond
Humans are supposed to mature as they age—but the giant human I live in has been getting more childish each year. Tribalism and political division are on the rise. False narratives and outlandish conspiracy theories are flourishing. Major institutions are floundering. Medieval-style public shaming is suddenly back in fashion. Trust, the critical cu
... See moreTim Urban • What's Our Problem?: A Self-Help Book for Societies
America Is Running on Fumes
theatlantic.com
One would be a global supply shock in energy, food, and other commodities, which would show up in shrinking real income for most households. Another would be a new pandemic, or an abrupt sanctions-driven de-globalization (accelerating a trend already initiated by the sanctions against Russia), or a crippling cyberattack on U.S. infrastructure, or a
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