Wednesday, June 15, 2022

Economy : 10 Yrs Forecast

Just happen we are lucky enough to forecast correctly the Pandemic timeline Read Here. Now we try to forecast Economy for next 10 yrs.

Is now declared a worldwide Endemic, and therefore Economy events can resume & recover. It is a cycle of events where things need to reset & restart. But in this forecast, there is 2 scenario where A) If WW3 happens or B) If WW3 is not happening.

Post-Pandemic Economy: Whether or not WW3 is going to happen or not, we believe that economy going to be at its peak in the year 2031, which is a Pig year. Pig year according to the Chinese Zodiac brings good to all of us. Another reason is normally WW took the most 5 years to end and therefore with current advanced technology & transportation, the Economy can also boom in 2031 even though WW is expected to end in 2026. 

If World War 3 Happened: War had actually started since the Russia-Ukraine conflicts in Feb 2022. Now there are a lot of complex issues that happened and it may escalate to the worst-case scenario which is called World War 3. Normally WW ends the max 5 yrs' time and when it does happen, it may end in 2026 or earlier. The positive view compare to WW1 & WW2 is now we have advanced Technology & Transportation to revive our economy faster than in the past.

If World War 3 Doesn't Happen: Is an ideal situation for our economy to recover smoothly. A lot of new technology will be rolled out to reduce the cost of living. For example, the renewable energy storage system can provide us with an abundance of electricity while factory automation had the potential to reduce the cost of manufacture thus reducing the price of product and maintaining its quality. There are more good things going to happen in Tech World to facilitate our Economy to its peak in 2031.

We won't know whether WW3 is going to happen, for sake of survival, we need to learn both traditional and future ways to continue our journey. 
1) Traditional Way
Learn to plant our own vegetables and fruits, breed chicken at least for meat and egg & most important DIY to repair houses, cars, motorcycles, and other assets we have.
2) Future Way
Learn new technology like A.I, Quantum IS, Bio-Tech, Adv Manufacturing & 6G.

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