Narrated Audio By Marta Marjan
As you watch the COVID-19 crisis unfolding, getting confused with inconsistent messages do you sometimes feel that there may be more to this situation than meets the eye?
The message is clear and unanimous – today’s crisis is the wake-up call to reimagine and redesign our world. We mustn’t miss this window of opportunity!
Have things gone so bad that the Great Reset is required?
Let’s look at the data gathered over the last 75 years and assess achievements we have made since then, shall we?
In his speech, the Prince of Wales advocates poverty reduction as a result of an unprecedented growth and longevity post WW2. Great achievement.
Surely, we are heading in the right direction, aren’t we?
Well … not exactly, let me explain the paradox here.
This, however, is not about millionaires getting wealthier but about the wealth recirculated back into the economy.
And that’s your paradox right here.
But the polarising global wealth and shrinking middle class is not your issue, right?
You have a house or two, a car or few and a comfortable life. Or do you?
Some time ago, a few great financial mavericks came up with this strategy: selling Jets and Bentleys to the global elite and poverty products to the global poor.
So, if you are on high interest credit, payday loans or zero-hour contract, I hate to break it to you – you are classified as “poor”.
Is this a sustainable, win-win strategy?
From one side economy suffers consumption saturation, from the other weakened appetite for poverty products due to unpredictable market behaviours.
At the end of the day, the key element to fuel today’s economic growth is consumer spending…
Where do we go from here? Is this what drives the Great Reset?
As in 2009 here we go again – the economy slows down but this time it feels different. Majority of shops and services are locked down whilst people around the world have been asked to keep social distance.
Banks have offered mortgage holiday and the British Government covers 80% of our wages, up to £2,500 a month.
You used to earn more – you say … one thing for sure, furlough doesn’t discriminate.
Why this food inflation, you ask?
As you know from your experience, the more compromised the supply chain (e.g. farmers, logistics, small shops going bust) the more volatile costs and prices become.
As you are rightly pointing out, there is a vast choice of brands out there to select from. This is your consumer right to choose any produce you wish from any of the 10 corporations below.
This, of course, is generalisation but if you were not aware of some corporate consolidation – it’s food for your thoughts.
With increasing wealth disparity, a clogged up financial system, inequality, people losing faith in democracy and trust in global leadership, we are clearly turning the corner for the Great Reset.
How can we successfully drive the Great Reset?
This requires 21st century leaders as “leadership is capacity to translate vision into reality” (Warren Bennis).
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