Wednesday 15 March 2023

I expect the next five years will roll out much like this: The war for Ukraine will continue for 2 more years until the US President is replaced by a US Republican President. Then the USA will pull the plug on Ukraine and start business again with Mr Putin. Until then, energy prices will skyrocket and most western Nations will go into Recession, especially the UK and Germany and France. It will be a deep recession. Governments will collapse. Australia will enter recession in about September this year, jobs will be lost and the country will stagger along for about 4 years after that, unable to really fund pensions or health or education at all, but, we will fund American submarines, without actually getting any. China will not invade anyone, but will just take their real place as an important world power that, unlike our American and UK friends, doesn't actually make war on anyone. Why? Because they don't mean anyone any harm, and are way smarter than all that. Its just about trade. China will continue to trade well. No one will be able to interfere with that. That's a good thing.

No comments: