Born in South Africa and now living in Australia, Brian Bloom was educated and trained in the disciplines of law, finance and manufacturing. With decades of coal-face experience spanning Africa, Australia, Latin America and the US, he came to understand that the global economic system – indeed all organised life on the planet – would eventually become dysfunctional if we humans did not adapt to sublimate our Neanderthal legacies of ego and testosterone. His entertaining and humorous novels have an underlying agenda: To stimulate sensible discussion about the future. Our starting point will be to harness universally ubiquitous energy.
The Federal Reserve’s Quantitative Easing has given rise to an all time low in the money multiplier which, in turn, has a higher probability of rising than falling. Notwithstanding the recent explosion of personal debt, Chart #5 below shows an emerging propensity of the US public to want to save a higher percentage of their income and/or to pay down debts. Therefore, the most likely driver
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