We’ve watched the world around us the past few weeks, and it seems that everywhere you turn there is turmoil and pain. A devastating hurricane that has taken lives and obliterated homes, schools, church campuses and grocery stores.
A war in Ukraine that intensifies even today as we sit here. Our own president using worlds like Armageddon and nuclear crisis in his weekly updates and speeches.
The global economy is on the brink of something it has never seen before. Just a few days ago in London, the BOE had to step in and limit margin calls on pension funds. The decline was so rapid, so severe that if the BOE had not intervened it would have meant pension funds and other banking institutions would have become insolvent, depleted of all value in one trading session. Economic turbulence is more than likely just beginning.