Dec 2, 2024
That collective sigh you heard recently was likely the relief that the risk of recession has passed. Or are we just experiencing The Twilight Before the Storm resulting in a transformational societal makeover? Warning: this episode is a must-listen but not for the faint hearted!
Buckle up folks for a mind-bending journey with our latest special series episode “At the Corner of Main St and Wall St.” In this episode, we’re thrilled to welcome the mind-boggling and fascinating insights of Victor Shvets, a global strategist known for his forward-thinking analysis and no-nonsense approach to the world's economic and social tides. He’s the author of recently released “The Twilight Before the Storm.”
6 Key Takeaways:
- Echoes of
1930s
A striking comparison between today's socio-economic climate and the tumultuous 1930s. - The Liquidity
Tsunami
Understand how capital liquidity ratios shifted from 1.5 to potentially 10 times GDP, and why your savings account might be feeling those ripples. - Baby Boomers'
Influence
Discover how the post-WWII generation's unchecked growth demands led to the 2010 financial meltdown. - Economic Role
Reversals
Today’s financial economy now overshadows the real economy—how did we get here? - Technological and
Financial Squeeze
How technology and financialization are pushing the middle class to the breaking point. - Government’s Expanding
Role
Witness the surprising shift towards politicizing bureaucracies and the increasing governmental footprint in our daily lives.
About our guest Viktor Shvets:
Viktor Shvets is a Global Strategist and an expert on financial markets. He is frequently featured in business and news media. He is the author of the recently released The Twilight Before the Storm.
He is also the author of The Great Rupture: Three Empires, Four Turning Points, and the Future of Humanity. He has worked in Sydney, Melbourne, Hong Kong, London, New York, and Moscow working on the intersection between finance, technology, politics, and history. He is a prolific writer on key global trends and is a frequent commentator on CNBC, Bloomberg, and other media outlets. Viktor was born in Kyiv, which at the time was the capital of the Soviet Ukraine. He attended Kyiv University of Economics and Trade before immigrating to Australia, where he completed a Bachelor of Economics degree from the University of Sydney and a Master of Commerce degree from the University of New South Wales.