Site icon Vern Bender

BINKIE AND BRYON RESET THE STRATEGY AT THE 2023 GLOBAL CONFERENCE

  • Our movement must eliminate damage to nature. Climate change is intrinsically interlinked with the damage done to nature—the interplay between climate change impacts, biodiversity loss, food security, and natural resource consumption.
  • We must lower onerous government debt across the globe. Social unrest and political instability are on the rise. Refugees are now a global problem. The hollowing out of the middle-income bracket is rolling across the globe. Over the next two years, political polarization between economic superpowers will reduce our ability for collective problem-solving. Alliances will fracture. The end of the low-interest rate era will impact governments, businesses, and individuals. This will contribute to rising poverty, hunger, violent protests, political instability, and even state collapse. Economic pressures will also erode gains made by our middle-income stakeholders.
  • Our capacity to absorb the next global shock is shrinking. The decay of public infrastructure and services deteriorates with every passing day. The risk of poly-crises is where disparate crises interact, causing an overall impact far exceeding the sum of the parts. Governments and central banks will face stubborn inflationary pressures during the next few years. Economic warfare will spur supply chain decoupling. Downside risks to the economic outlook also loom large. A miscalibration between monetary and fiscal policies will increase the liquidity shocks’ likelihood. This will trigger a more prolonged economic downturn and debt distress on a global scale. Continued supply-driven inflation will lead to stagflation. This will cause severe socioeconomic consequences for households. Discontent, political polarization, and calls for more social protections in countries worldwide will result. Governments will face a dangerous balancing act between protecting most citizens from an elongated cost-of-living crisis or embedded inflation for everybody. This will result in delinquent debt servicing, lower revenues, an economic downturn, and a less stable geopolitical environment. The gap between rich countries and developing countries will widen. Historically high public debt levels can’t be lowered when tax revenues move downward. Global economic fragmentation, geopolitical tensions, and restructuring costs will cause widespread debt distress in the next ten years.
  •  Public trust in multilateral processes has been eroding over the last several years. People have stopped buying what we are selling. Our open border programs are meeting with heavy resistance. The emergence of cross-border crises is blowing up in our faces. The Soros riot troops are being jailed and sometimes even sentenced. Our freed-with-no-bail scam is also under challenge. The District Attorneys that Soros has put in place are under extreme pressure. Our media protection is no longer at the robust level we need. Our social media clout has become less than required. Social media can still manipulate the algorithms to the advantage needed by us. They can still win elections for us because the audit trail can disappear quickly. We can’t get caught. We won the Covid elections by ballot harvesting. The dullards, on the other side, are clueless.
  • We are leveraging the interconnectivity between global risks and risk mitigation activities.
  • Biodiversity loss and ecosystem collapse are close. Natural resource shortages will soon appear.
  • The Bryon & Binkie disaster list for 2  & 10 years. 
  • Some of these risks are close to or at their tipping points.
Exit mobile version