Economists are saying there will be a spike in inflation. There might be much more than that. Be prepared.
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Economists are saying there will be a spike in inflation. There might be much more than that. Be prepared.
by futurist Richard Worzel, C.F.A. The US has an out-of-control epidemic on its hands as the Covid-19 virus has been allowed to race through the population through deliberate ignorance, sloppiness, and negligence. The US should go back into lock-down to try to get the virus under control – but I’m pretty sure it won’t because […] Read more
by futurist Richard Worzel, C.F.A. “If you hold a cat by the tail, you will learn things you cannot learn any other way.” – Mark Twain “Mommy! Make it didn’t happen!” – Little kids and immature adults everywhere The Covid-19 pandemic has created what amounts to a global intelligence test. […] Read more
by futurist Richard Worzel, C.F.A. “What’s often missing from [the story of the 1347 European pandemic] is the wider context and the lasting impact of the Black Death. This is a story not only of unfathomable tragedy, but also of transformation and rebirth. The plague, in combination with a host of other related and overlapping […] Read more
by futurist Richard Worzel, C.F.A. “Government ‘help’ to business is just as disastrous as government persecution… the only way a government can be of service to national prosperity is by keeping its hands off.” – Ayn Rand “Government isn’t the solution to your problems. Government is the problem” – attributed to Ronald Reagan “What stands […] Read more
by futurist Richard Worzel, C.F.A. “There is no room for wishful thinking when dealing with pandemics. The right mindset is to prepare for the worst-case scenario.”[1] – Dr. Joanne Liu, former international president of Médecins Sans Frontières In 1970, Penn Central Transportation Company was not just the largest railroad company in the United States, it […] Read more
by futurist Richard Worzel, C.F.A. By now, tons of business people have realized that the Covid-19 pandemic is going to do major damage to their businesses, and are feverishly pondering ways to keep from going bankrupt. Let me outline what I believe are the dimensions of the problem – how big it is, and some […] Read more
by futurist Richard Worzel, C.F.A. What are stocks worth in the face of the emerging Covid-19 pandemic? Nothing. Zero. Nada. Bupkis, Rien. But how can that be? Just a month ago, stock markets were worth many trillions of dollars. All that value can’t just vanish. Can it? My answer comes from the fundamental principle of the […] Read more
by futurist Richard Worzel, C.F.A. The Covid-19 coronavirus is bad news for everyone, and in many different ways. The biggest, and most important way is that it will kill people, potentially millions of people. How many it will kill is as yet unknowable as we don’t yet know how contagious it is, and how many […] Read more
by futurist Richard Worzel, C.F.A. Imagine you had a rare disease that was going to kill you, but neither your doctor, nor any of the doctors you’ve been referred to or seen, knew anything about it or had ever encountered it. As a result, you would likely die. Unless… Unless an Artificial Intelligence correlated data […] Read more