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Changing Investing Landscape-ARK, Reddit, BTC, etc
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Risk of Civil Unrest Surging in More Than Half of the World’s Countries, Analysis Say[The sad thing is there is a set of leaders/influencers who cheer this, because it helps them in 're-imaging' the future world. I'm looking at you WEFer toadies. Make sure you can feed yourself for a month if you have to, and defend what you have.]
"Although there have been several high-profile and large-scale protests during the first half of 2022, the worst is undoubtedly yet to come," it added. Some of the nations most at risk of civil unrest are middle-income countries, which had the funds to offer social protection during the COVID-19 pandemic but are now struggling to maintain spending vital to their populations, the researchers wrote. Richer countries in the European Union face the same risks, with dissatisfaction likely to rise in Switzerland, the Netherlands, Germany, and Bosnia and Herzegovina due to fallout from the war in Ukraine. "Russia's invasion of Ukraine is supercharging food and fuel prices and stoking a cost-of-living crisis across the globe," the firm wrote. "However, the worst effects are yet to kick in." Meanwhile, energy shortages in Germany have led to blackouts and extreme power price hikes, with the country's top regulator stating that the nation must cut back on gas usage so it can later endure the coming winter. The Netherlands, which typically imports 15% of its gas from Russia, also faces a dilemma over whether to ramp up drilling in its gas-rich Groningen region and risk triggering more devastating earthquakes that have already severely damaged 26,000 homes. Inflation will likely be felt more keenly over the next few months and is expected to worsen in 2023, Verisk wrote. "Only a significant reduction in global food and energy prices can arrest the negative global trend in civil unrest risk," the firm said. "The next six months are likely to be even more disruptive," the report's summary said. |
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Msg # | Subject | Author | Recs | Date Posted |
420 | Re: Risk of Civil Unrest Surging in More Than Half of the World’s Countries, Analysis Say | pharmionphil | 1 | 9/8/2022 9:05:51 PM |