The crypto economy could become the main thing over the next 10-20 years, as the US is currently experiencing a slow decline. The 2008 financial crisis was the birth of Bitcoin and could serve as a model for future economic struggles in America.
The rise of new technologies tends to be accompanied by violence indirectly or directly, but the stagnation of these technologies seems to be temporary and will eventually be gone. While predictions vary, there is a possibility that the United States may remain the world's economic leader and maintain its impact on scientific innovation and technological advancements throughout the rest of this century.
The conversation explores the topic of the likelihood of an apocalypse happening in our generation, with one person not fully convinced but others believing it is much closer than we think.
With the current hot job market, it's best to take advantage of it and secure a job before a possible recession. Historically, every time inflation exceeds 4% and unemployment drops below 5%, a recession follows within two years, according to economists.
The biggest events of history happen overnight, and the recent economic downturn is a prime example of this phenomenon. While it lasted much longer than anyone predicted, it came to an end much faster than anticipated, leaving economists and researchers with plenty of material to study and analyze in the years to come.
The inability to predict and analyze surprising events, such as the current coronavirus outbreak, remains a challenge for forecasters due to the inability to even consider events we cannot think about.