I don’t believe that the corona pandemic will fundamentally change the course of geopolitics or the global economy. As I predicted on March 25, 2020:
All the doomers, America-haters, EU-haters, permabears, moralizing nutters, communists, and libertarians are crawling out of the woodwork due to the coronavirus. However, I expect they will be proven wrong again. #timestamp#prediction
- The coronavirus will not cause the collapse of society
- The coronavirus will not end the dollar hegemony
- The coronavirus will not be the end of the American empire
- The coronavirus will not cause the end of the euro
- The coronavirus will not cause the end of the EU
- The coronavirus will not start a 20+ year bear market
- The coronavirus will not reverse global supply chains
- The coronavirus will not stop the desire for money, travel or luxury
- The coronavirus will not stop climate change
- The coronavirus will not cause the end of capitalism
- The coronavirus will not lead to central planning
- The coronavirus will not stop the government from intervening in the economy
- The coronavirus will not stop central banks from “printing money”