Quick summary: Asking which one issue caused the supply chain breakdown of 2021 and 2022 is a mistake. The system was absurdly fragile. It was an accident waiting to happen.
Jim Chalmers calls out the need to fix broken supply chains, but talk is cheap. Learn why Aussie roads need $5.5 billion in order to keep our economy on track, the growing disconnect between infrastructure needs and reality, and why Jim Rickards’ new book can help protect your wealth from disaster…
No gold investor could’ve wished for better. Lockdowns, epic fiscal and monetary stimulus, outright monetary financing by central banks, inflation, recession, stagflation, central banks so far behind the curve they’re unlikely ever to catch up, extreme negative real interest rates, a crash in other safe-haven assets like bonds, and the prospect of nuclear war. What could possibly be better for the gold price?