“Cassandra last week predicted that 2023 would bring deglobalization, inflation, recession and further fragmentation and tribalization. There are other views.” -- The Lonely Realist Readers are familiar with TLR’s habit of seeking insights from both oracles and experts. After digesting last week’s chilling 2023 predictions from...
“2023 will be unpredictable.” – The Lonely Realist "No.” – Cassandra TLR readers last heard from Cassandra on October 1st when she predicted that the world would continue to fragment, deglobalize and tribalize, a notably dark view of the future. TLR has consistently looked to Cassandra to...
“Recent trends have no precedent. The world’s economies, governments and societies are in uncharted territory.” – The Lonely Realist A recurring TLR theme has been that “These Times are Different" …, but not all that different. Although the world has been experiencing an historical cycle that...
“What do today’s revolutions portend?” – The Lonely Realist As TLR first noted in August 2019, the world has experienced massive revolutions over the past 250 years in agriculture, industrial production, technology (including artificial intelligence) and biotechnology, all of which are continuing. They have brought unparalleled...
“America’s treasury is bankrupt.” – The Lonely Realist As Herb Stein, Chairman of the Counsel of Economic Advisers under Presidents Nixon and Ford, famously said, “If something cannot go on forever, it will stop” – Stein’s Law. America’s combination of excessive spending, too-low taxes and multi-trillion-dollar...