I am off the position we need a financial collapse to start the process of fixing long broken and neglected systems of state. Seems that desire has come through earlier than predicted with the Iran conflict which has upset the apple cart. Most projections based on the impact range from incredibly bad to outright catastrophe.
The gilt market is going nuts, interest rates are rising and over the next 2 seasons we will see wild inflation. The Yookay economy cant survive this level of punishment for a prolonged period. People are sceptical about how bas this is going to be, but I deal with a lot of logistics and its 5-7% increase in costs within 2 weeks of this war starting and no supply shortages yet.
I've been saying this for ages. The old ways are dead but they are so ingrained that no-one has sufficient vision to imagine new ways to organise things. The current systems are being propped up for lack of options and will have to collapse entirely before anyone will gamble and try something new.
Spot on once again..
I am off the position we need a financial collapse to start the process of fixing long broken and neglected systems of state. Seems that desire has come through earlier than predicted with the Iran conflict which has upset the apple cart. Most projections based on the impact range from incredibly bad to outright catastrophe.
The gilt market is going nuts, interest rates are rising and over the next 2 seasons we will see wild inflation. The Yookay economy cant survive this level of punishment for a prolonged period. People are sceptical about how bas this is going to be, but I deal with a lot of logistics and its 5-7% increase in costs within 2 weeks of this war starting and no supply shortages yet.
I've been saying this for ages. The old ways are dead but they are so ingrained that no-one has sufficient vision to imagine new ways to organise things. The current systems are being propped up for lack of options and will have to collapse entirely before anyone will gamble and try something new.
Complete agree. If we don't get a collapse in some form then people will try and hybridise the abomination we currently have.