“I skate to where the puck is going to be, not where it has been.”
— Wayne Gretzky
By Catherine Austin Fitts
If you want to understand why the United States’ European allies are signing up as members of the Asian Infrastructure Investment Bank (over the US’ objections) it is because connection wants to happen. People want high-speed rail lines. They want pipelines that lower their energy costs and diversify their supply. They want to build — they want to trade — they want to connect. They want to venture forth.
The world is expanding into one fully developed planet.
Before you convince yourself that collapse is right around the corner, you may want to check out JP Morgan’s assumptions about the global economic environment over the next 10-18 years:
Morgan’s expectations align with what we said in our Annual Wrap Up – the long term trends are leading into major global investment in infrastructure and a re-balancing of the global economy. That means no matter how volatile, no matter the structural hiccups, equity markets are going to continue to grow in size globally.