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The current global order is under threat

    The recent events going on all over the world may have deep consequences for all of us. Ukraine and russia are in a war that is already putting a large strain on food and energy prices on the whole world. Topping this off, we are currently set to have some of the lowest crop yields in 2023 due to the need for valuable fertilizers needed for food production. At the time of this writing, the stock market is taking a huge hit and the federal reserve raised interest rates by 0.75% with further rises expected ahead. Like in everything, the economic turmoil is relative and may pose an opportunity for people like my wife and I who are still moving up the economic ladder and have little investments. For others, this recession (if not depression) will negatively impact their lives directly with the increase in unemployment and hit to retirement accounts.

    Worse than the hit to the economy is the increased threat to democracy as people become desperate for changing conditions. Will Putin's war against Ukraine lead to further escalations in other parts of the world? Either russia against other European countries or China finally invading Taiwan. These events would drive the world into further recession and worse off a potential world war between the strongest countries in the world.I really hope things settle down again both economically and geopolitically, but things have been heading in this direction for a very long time.


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