Rising Inflation is higher than it has been for decades and interest rates are also rising to in an attempt to control inflation. This is creating a bubble which is going to burst.
I recall decades ago when interest rates where 17% in the UK and i had taken out a mortgage and was made redundant and had to undertake a search of employment and the country and the world entered into recession. I was tough times but it made me learn that this would not happen and catch me unaware of the global economy and the impact it has on me and my family.
I am more aware and have taken precautions and prepared for whatever will unfold in the global economy.
Unexpected events the pandemic (2 years lost), there was a pending global recession. Then the Ukraine war and there is a global food shortage due to produced wheat and fertiliser which are globally produced by Ukraine and Russia. Energy from Russia being boycotted is impacting on European countries...
What can i see coming....
Global recession, a run on the banks, the collapse of the dollar and other Fiat currency, the reset of a global currency headed by the IMF,
Gold, Silver and Cryptocurrencies sky rocketing...adoption of crypto and the long standing gold and silver being brought back in favour...
Who really knows whst is going to happen...
These are my thoughts.
Peace be upon you all