The Doomsday Clock
Tomorrow at 10am, the Doomsday Clock is set for its 75th annual update by the Bulletin of the Atomic Scientists. The current reading on the clock is 100 seconds to midnight, the closest it has ever signaled proximity to Armageddon; it would not be surprising tomorow if the clock was dialed even closer to midnight given the current nuclear brinkmanship of China and Russia in their respective claims on Taiwan and Ukraine.
Could over 7 decades of Pax Americana be on the verge of ending? There have been scares before, like the Cuban Missile crisis of 1962, and everything went back to normal. Let’s hope that will again be the case this time around. Still, it probably wouldn’t hurt to start thinking about what one should do to ensure the safety of their family and wealth. I remember reading Barton Briggs Wealth, War and Wisdom, several years ago but can’t recall much of it – maybe it’s time to give it and similar material a review. Could also make for an interesting post or two in Investing Journey.