Insights for Navigating an Uncertain World
“We are staring down the barrel of a confluence of several scenarios–each of which individually is a significant, life-changing event–but which are together conspiring is a dangerous and incendiary situation: food shortages, inflation, and a breakdown of the supply chain.”
Ice Age Farmer makes what I think is a useful suggestion: begin the process of moving from being a consumer to a producer as way to become more resilient. Not bad strategy.
Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times. View more posts