My aim is to inspire people around the world one blog post at a time.
This is the place to nourish your mind, heart, body and soul.
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It all begins with an idea. Maybe you want to launch your own business. Maybe you want to escape the rat race and find peace in simple living. Maybe you want to improve your health. Whatever your dream is, it is valid!
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Dreams without action are just dreams. But taking action doesn’t necessarily mean quitting your job and burning the ocean. Small steps matter. It is the ability to plug away consistently at something over time that is the key. Small steps add up. You’ll get there!
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If you keep building slowly and consistently with passion each day, adding value that matters to you, then the growth will take care of itself. The keys to achieving success are patience and avoiding complacency.
The Next Decade
Humans are naturally curious about the future. To varying degrees, most of us would like to know what the future holds, particularly during times of perceived uncertainty or instability.
However, as author Nassim Taleb notes, traditional prediction methods are dangerous, especially for "Black Swan" events. He argues that they create a false sense of security and lead to fragility by encouraging over-reliance on flawed models like Gaussian distributions.
Instead of precise forecasts, he advocates for preparedness, robustness, and antifragility, focusing on the potential consequences of events rather than their probabilities to build systems that can withstand and even thrive on uncertainty.
So, how do we sensibly gauge what the next decade may have in store for us?
Global Debt and Trade Wars
Debt used to be something most people only worried about when it came time to pay off their mortgage or student loans.
But is global debt emerging as a global crisis in our modern world?
Governments, companies, and households worldwide are swimming in red ink, and the water is rising. From Washington to Beijing to Brussels, the world’s biggest economies are shouldering record-breaking debt loads.
Add a revived tariff war sparked by Donald Trump’s return to the political scene, and you’ve got a world economy teetering between resilience and recklessness.
In this article, we’ll unpack the state of global debt today. We’ll dig into the specifics of the U.S., China, and Europe (the three heavyweight economies) and explore what their rising obligations mean for your wallet, the markets, and the future of global cooperation.
Dominoes on the World Stage
Imagine a line of dominoes, each intricately linked to the next, a delicate balance maintained by mutual dependence. You nudge the first one, and before you know it, they're all toppling over, one after the other.
This visual metaphor aptly describes the interconnected nature of our globalised world. Economies, societies, and countries are so interwoven that an event in one corner of the globe can set off a chain reaction, impacting far-flung regions in unexpected ways.
At its core, the global tapestry of economic, social, and political threads represents an interconnectedness that brings undeniable benefits, such as increased trade, cultural exchange, and technological advancement.
However, it also means that shocks in one area can propagate swiftly across borders, causing widespread disruption.
To illustrate this, let's look at the domino effect in action by exploring some real-world examples …