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The “Death & Debt” Dire Straits[High Mortality – High Inflation/Shortages] Unfortunately, this scenario is the most likely candidate. In this scenario, many areas will struggle with high rates of disease and death. To the extent that the U.S. dollar remains strong, many emerging market countries will feel the pain of having to choose between making…

Wu Youru. Regaining the Provincial Capital of Ruizhou (1886). Private collection. Photo: Wikimedia Commons By Nina Heyn – Your Culture Scout The conventional wisdom that “law” and “justice” are not the same thing can be illustrated by works of art from any historical period. The painting above represents a battle between the Chinese Imperial army…

The “In Recovery” Race[Low Mortality – Low Inflation/Shortages] Given how the year has started off, we give this scenario a low probability. Price inflation is too high and much more likely to get higher than to go down. As more and more people refuse the injections and become much more discerning regarding central authority, we…