In February, I warned that any number of foreseeable crises, so-called “white swans”, could trigger a significant global disturbance this year.
I noted that: “the US and Iran have already had a military confrontation that will likely soon escalate; China is in the grip of a viral outbreak that could become a global pandemic; cyberwarfare is ongoing; major holders of US Treasuries are pursuing diversification strategies; the Democratic presidential primary is exposing rifts...
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