Originally Posted by
Nantonaku
That would be nice but have you been following the economic news lately? The world economy is literally breaking as we speak, the British pension system just got what amounts to a margin call. Did you see the inflation numbers in the Netherlands? China housing loans put the US 2008 ordeal to shame. Russia is literally threatening to use a "tactical" nuclear weapon which is 200 times stronger than the bomb dropped in Hiroshima. The US Federal Reserve is years behind the curve in their tightening. They have straight out said expect pain. I hope I'm wrong but I don't see the economy supporting those kinds of numbers. I'm just hoping we get through the year with small profits and no downsizing. We saw how quickly things can change for the good and bad during Covid. The economy could wreck us this next year.
I have been following the news very closely. I have a side gig in which I do some consulting regarding geopolitical issues. I’m intimately familiar.
All the items that you mentioned are very real; however success in the global economy is a lot like out running a bear (figuratively?) you don’t have to be faster than the bear, just faster than those around you.
I am no fan of American fiscal policy and I think even our monetary policy is still too accommodative, however it’s much better than Europe and significantly better than China. The strong dollar is just the market reacting to where the safer policies are. That strong dollar will translate to significant opportunities overseas which is very good for a business that moves people.
But I digress, I’m ready to strike and I’m ready and prepared for a long one. I know the company can’t go that long though, anything over two weeks and the C-suite would be gone.