Subscribers:
Read the Flipbook of the 2016 Annual Wrap Up here.
Click to download/view the Transcript.
Also find it in the blog post; at the Library Resource Page, and in the Solari Report Archives.
From the transcript:
Every year since the Solari Report began publishing our Annual Wrap Up, our scenarios have said that the developed world economies would likely continue to “slow burn” through the next year. Not so in 2017.
The year 2017 will bring profound change – the slow burn is accelerating into a pressure cooker as thousands of pension funds, insurance companies, and private businesses will not be able to continue policies or to meet their full legal and financial obligations. The result will be a wave of “controlled demolitions.” Many sovereign governments that can still increase taxes, issue debt, or print currencies with the assistance of their central banks may not be forced into controlled demolitions. They will, however, be obliged to re-engineer, often in ways that will have dramatic or at least unexpected consequences.