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BFI’s Special Report: Deeper Into the New Era – Navigating the Shifts & Turning Points Ahead
We started talking about the “New Era” in 2020, in a special report titled “On the Brink of a New Era – Are You Prepared?”. Now, only a few years later, what we forecasted back then is upon us, in full force. None of this is unprecedented as history is merely repeating itself. However, it could prove costly to underestimate the risks – as well as be blinded to the opportunities – of what we are seeing in the current economic and political landscape.
We invite you to read our Special Report, ,Deeper into the New Era – Navigating the Shifts & Turning Points Ahead.
In preparing for the celebration of our 30th anniversary, we felt it was high time for a new Special Report. As we head deeper into this unique and transformational era that we find ourselves in, we are presented with a convoluted mix of risks, uncertainties, and opportunities. The task of protecting and growing our clients’ wealth has possibly never been more relevant.
Many of the dynamics and trends we identified and discussed in our previous Special Reports from 2020 and 2021 have materialized and become topics of mainstream discussions. Most notably, the return of inflation and rising interest rates has captured everyone’s attention.
Then, the recent, and as-of-yet unfinished, banking crisis for instance is merely a symptom of much larger and systemic issues: excessive debt, growing geopolitical tensions, and concerning societal unrest and severe polarization. The fundamental architecture of the economic, financial, and political system we have been accustomed to is now showing some serious cracks in it. The probability of this phase being more than just another hiccup, another recession, another problem that central bankers and governments can paper over with more liquidity, is alarmingly high.
“There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.” ~ Ludwig von Mises
While there is still always good reason to be optimistic for the future, it is also wise and necessary to consider the risks and challenges ahead. That is how we approached the drafting of this Special Report.
We hope you enjoy the read. It will hardly provide all the right answers and recipes, but it should at least provide a rough blueprint for the right questions. And that is always where learning, planning, and problem-solving start.