The world is going to hell in a handbasket, with the economy suffering from a shortage of demand and an oversupply of supply.
In a world where global supply chains are disrupted, what is left is a weak global economy, with a depressed trade surplus, and an economy that can’t meet its basic needs, including food, shelter, and health care.
In short, it’s a world with little hope.
But in this world, we can be certain that a lot of what is bad is going on in America, as well.
And as long as the economy is weak, and as long we’re seeing a shortage and an increase in the prices of food, we have a lot to worry about.
This article originally appeared at Ars Technic.
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This article is reprinted with permission from Ars Technicas, an editorially independent publication of the Association of American Publishers.