Whether or not you've had time yet to plow your way through David Collum's excellent 2014 Year in Review, our annual podcast with Dave always brings additional color to light — and this year's is no exception.
To me, the global economic theme is existential risk. That's a phrase I use repeatedly throughout my Year In Review. Things now seem to be coming to a head.
A metaphor that I came up with, that I just love because I know the game well, is that we're engaged in a global game of Tetris. For those unfamiliar with the game: you place these pieces methodically, and then the game starts accelerating. You start placing pieces faster and faster, until you reach some point where you simply can no longer successfully place the pieces in time.
And it feels like the authorities, the monetary authorities, the geo political authorities — all of those people who are really calling the shots around the globe –are playing that game, and it's accelerating now.
The end of the game is called 'topping out'. And I’m wondering when that topping out is going to occur.
Click the play button below to listen to Chris' interview with David Collum (59m:03s)