Economic Factors and Social Instability

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The chapter delves into the impact of economic factors like interest rates, AI, and wealth inequality on different societal segments, debating the potential breaking point in wealth disparity and consequent social instability. It analyzes the vulnerabilities of the middle class to economic shifts and contrasts pre-1980 economic models with the neoliberal approach, emphasizing the role of morality in economic decision-making. The discussion advocates for a balanced approach integrating market dynamics with societal well-being to address current meta crises and highlights the need for individual consciousness towards sustainable choices.

On this episode, Nate is joined by financial analyst Michael Every to discuss global macro trends in economics, politics, and social movements. By taking a wide-view lens of current events, we can better see how seemingly isolated events interconnect and what mainstream economic theories tend to miss. What do rising political tensions and dissatisfaction around the globe amidst increasing GDP tell us about the accuracy of our economic measures? How much are geopolitical conflicts and supply chain disruptions contributing to current inflationary pressures? And what can we learn from current economic models as we steer towards a new system with lower energy throughput in a multipolar world?

About Michael Every:

Michael Every is Global Strategist at Rabobank Singapore analyzing major developments and key thematic trends, especially on the intersection of geopolitics, economics, and markets. He is frequently published and quoted in financial media, is a regular conference keynote speaker, and was invited to present to the 2022 G-20 on the current global crisis. Michael has lived and worked in 9 countries and been in the industry for nearly 25 years, with previous roles at Silk Road Associates, the Royal Bank of Canada, and Dun & Bradstreet. He holds a BA from Lancaster University, and a master’s degree from University College London.

Watch on YouTube: https://youtu.be/F_DhZaVoflA

More info, and show notes: https://www.thegreatsimplification.com/episode/118-michael-every