I should possibly be more of a Pollyanna presently, but I just have an unhealthy tendency to think about the opposite of conventional wisdom. Case in point is Covid-19. It’s over right? Finished. Finito. Probably. But cases are still significant all over the world. This includes the US and the UK and while the overall trend is undoubtedly downward, but you should know by now what I think about trends when it comes to predicting the future. Bit useless.

I might also add that in China the situation is a bit dystopic. The natives are getting restless (can you still say that?). Putting aside global supply chain disruption and the possibility of a significant global economic downturn (caused as much by worker absences than by covid-per se) there’s the whole Russia/Ukraine situation (which appears to have accidently created a united Europe and a warp-speed green energy revolution – who saw that coming?)

But my main worry currently is that there’s a remote possibility that the virus might significantly mutate again (and again). I must say I was relaxed about this until a virology Professor pointed out to me that the ever-weaker strain theory is just that, a theory. There is no proof of this being the case (note to self: stop talking to virology Professors). The bottom line is that IF a seriously nasty mutation occurs, we may have to start all over with vaccines and lockdowns, although I very much doubt whether there’s much appetite for the latter.

And China. I’ve always talked about China being much more fragile than many people imagine. They have a significant demographic imbalance in terms of the number of young men in their population.
If China has economic growth in high single digits or teens and these men have jobs, apartments and what have you, then all is fine.
Dream of getting rich, but just don’t criticise the ruling party.
But if an economic slowdown occurs (caused either by internal issues or, more likely, external factors – remember China is still currently beholden economically to external demand – then these young men might get mightily pissed-off.

T2. (You’ll have to work out what T2 means for yourselves. Suffice to say that if I spelt it out, this post might piss certain people off).