by Peter Zeihan on January 2, 2023
I’m always asked what I expect to happen over the next decade. Well, the globalization we’ve all come to love…you know, the one where everyone got everything they wanted…yeah, that’s changing.
The world has been globalizing since 1945 and even sped up after the Cold War. This caused the world map to shift. Colonies became countries; people started living in towns (aka cities), having fewer kids, and so on. The growth story since the Cold War can be surmised by one word – crazy.
But, we’ve hit a point of mass retirement across the globe. Consumption is falling. This is the point where history starts to turn. Welcome to the world of LESS.