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RE: Market Trends for 2018

in #steem6 years ago

I was thinking more in terms of a global supply issue in a complex interdependent system. A single countries hyperinflation does not really scale up to this as a good reference imho. Environmental issues could play havoc with global production by causing drought and a loss of productive farmland, among other things. This could lead towards increasing desperation and warfare causing further loss of production. If things get bad enough, I have my doubts that any asset class will survive, after all the sustainable production of modern goods and commodities requires a healthy ecosystem, energy and global trade.

From my understanding, the collapse of civilization is no guaranty that the weather systems will stabilize. Global average temperatures may raise even faster and we would have lost the ability to make significant changes through geoengineering.

I don't mean to be overly pessimistic but just clarify my statement on what would possibly destroy all asset classes. We do have wonderful technologies and ideas that could really improve things, so we really could be headed towards a much nicer future filled with increasing global cooperation.

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