© 2018 Greg & Sylvia RAY

My bleak predictions for the years ahead

At the beginning of each year I used to make it a custom to write a list of tongue-in-cheek predictions about things that might happen in the 12 months to come. I tried to make the lists pertinent, but also somewhat funny. I tried to include some big-picture, global predictions but also a lot of  “in jokes” for people in my home country and city. Faced with the blank wall of 2023 I feel like I’ve lost my mojo. I can’t look at the trends that have swollen through the past few years and pretend I…

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Will we ever finish paying for the GFC?

When will we be finished paying for the Global Financial Crisis? Or, more to the point, when will our children and their children be finished paying? I’m not sure what the answer is, but I imagine it will be a long time in the future. When the finance industry detonated the world economy back in the noughties, we were immediately told that the institutions and corporations who made this happen had to be bailed out. This was because they were “too big to fail”. While it was true that it was all their fault, and that…

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