Since the bottom of the COVID-crash back in mid-March, stock markets have been busy blowing a stupendous and illogical bubble — one that legendary investor Jeremy Grantham has called “the Real McCoy” and “crazy stuff”.
“My confidence is rising quite rapidly that this is, in fact, becoming the fourth, real McCoy, bubble of my investment career,” said Grantham. “The great bubbles can go on a long time and inflict a lot of pain but at least I think we know now that we’re in one. And the chutzpah involved in having a bubble at a time of massive economic and financial uncertainty is substantial.”
The catalyst for bursting this bubble may not be investor-related, however.
A new report from Deutsche Bank has just been released that looks at the next massive tail risk for the markets. Analysts, led by Henry Allen, say there is at least a one-in-three chance that at least one of four major tail risks will occur within the next decade:
1) A [real] influenza pandemic killing more than two million people.
2) A globally catastrophic volcanic eruption.
3) A major solar flare.
Or 4) a global war.
(Note, earthquakes were omitted from the numbers on the grounds that they are more local events)
If the time frame is two decades, then there is a 56% chance of one of these disasters occurring, the analysts say in an article from marketwatch.com.
The likelihood of a solar flare is one rarely discussed in the mainstream media, but the Deutsche Bank analysis, which is based on various studies and risk assessments, actually finds it to be far more likely than a global war.
“There could be major power outages as electrical power grids are disrupted, which in turn would have knock-on effects throughout the economy as critical infrastructure is unable to be run properly,” reads the report.
“Lives could be lost if it impacted hospitals and medical care. Communications would be disrupted, many payment systems would be dysfunctional, and GPS satellites would face extensive interference, to the detriment of all the individuals and industries that rely on accurate location services, not least aircraft.”
The threat of globally catastrophic volcanic eruption is also very real.
Volcanic eruptions are one of the key forcings driving Earth into its next bout of global cooling (the Grand Solar Minimum), and their recent worldwide uptick has been linked to historically low solar activity, coronal holes, a waning magnetosphere, and the influx of Cosmic Rays penetrating silica-rich magma.
For more on some of the science, see this link.
Times are changing.
You should, too.
Prepare according — learn the facts, relocate if need be, and grow your own.
Social Media channels are restricting Electroverse’s reach — be sure to subscribe to receive new post notifications by email (the box is located in the sidebar >>> or scroll down if on mobile).
And/or become a Patron, by clicking here: patreon.com/join/electroverse
The site receives ZERO funding, and never has.
Any way you can, help us spread the message so others can survive and thrive in the coming times.
Grand Solar Minimum + Pole Shift