Ebola. Ukraine crisis. ISIS. Israel and Palestine. The potential for large scale race riots after an acquittal of Darren Wilson. All of these crises seemed to have ramped up in the last couple months.
JP Morgan says the Ukraine situation has the potential to cause a Lehman-style crash. Do you see Putin backing down? I sure don't. I also don't see the West willing to do much more than sanctions. Western democracies that are hamstrung by liberal pacifism are simply not suited to fighting war-relishing countries like Russia, or China for that matter.
http://www.bloomberg.com/news/2014-08-29/jpmorgan-sees-lehman-moment-if-ukraine-deteriorates.html
Same thing with Ebola. Maybe the whole thing will die down, but what if it doesn't? It's like something out of a movie. But unlike Hollywood, developing vaccines is alot harder than people think.
And then we have ISIS, which is even scarier than Al-Quaeda, and which has many members inside the West already.
Why would anyone want to be a medium to long term investor/trader under these conditions? Combine this with the fact that it is a gigantic, QE fuelled bubble.
Barton Biggs' fascinating "Wealth, War, and Wisdom" talks about cycles of prosperity and calamity throughout human history. I think life has been great for alot of the world after WW2, and I truly hope it lasts because it is the poor, not the rich who suffer the most during calamity. Unfortunately, nothing lasts forever.
I believe it is in times like these that we must look to God. The Bible warns us that things will get a whole lot worse before the end times to make way for a New Heaven and New Earth for those who believe.
JP Morgan says the Ukraine situation has the potential to cause a Lehman-style crash. Do you see Putin backing down? I sure don't. I also don't see the West willing to do much more than sanctions. Western democracies that are hamstrung by liberal pacifism are simply not suited to fighting war-relishing countries like Russia, or China for that matter.
http://www.bloomberg.com/news/2014-08-29/jpmorgan-sees-lehman-moment-if-ukraine-deteriorates.html
Same thing with Ebola. Maybe the whole thing will die down, but what if it doesn't? It's like something out of a movie. But unlike Hollywood, developing vaccines is alot harder than people think.
And then we have ISIS, which is even scarier than Al-Quaeda, and which has many members inside the West already.
Why would anyone want to be a medium to long term investor/trader under these conditions? Combine this with the fact that it is a gigantic, QE fuelled bubble.
Barton Biggs' fascinating "Wealth, War, and Wisdom" talks about cycles of prosperity and calamity throughout human history. I think life has been great for alot of the world after WW2, and I truly hope it lasts because it is the poor, not the rich who suffer the most during calamity. Unfortunately, nothing lasts forever.
I believe it is in times like these that we must look to God. The Bible warns us that things will get a whole lot worse before the end times to make way for a New Heaven and New Earth for those who believe.
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