The world’s crises are beginning:

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The world’s crises are beginning.

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There is unrest in Peru.

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There is unrest in Sri Lanka.

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Shanghai, a city of 20 million+ people, is shut down.

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People are starving.

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Food is getting expensive.

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Inflation has consequences.

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What did you expect when trillions of American dollars, the world’s reserve currency, was created in the last few years?

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This is on policymakers globally for turning on the money printer for too long.

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Now people are suffering.

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The last time food was this expensive, the Arab spring happened.

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We will have many more crises this next decade.

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This will be a decade of turmoil.

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Internal conflict within countries.

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Economic crises globally.

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Massive deflation ala the Great Depression or a hyperinflation ala Weimar Germany, both awful.

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Actions have consequences.

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Effectively running QE since 2008 to backstop the asset markets have widened the wealth gap to levels not seen for generations.

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Something’s gotta break and likely sooner than later.

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The world’s crises are just beginning.

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