The holidays are at an end (for the time being) and I wanted to take this opportunity to thank the readers and followers of Vagorithm. Vagorithm was born from the idea that change is happening faster than we can recognize it. During the coming year, I will do my best to keep you up to date on the latest in technological, economic, political, social, and cultural change in the world around us. Both personally and professionally, I’ve declared 2019 to be ‘The Year of Change’.
Now that the holidays are through, I will resume my regular schedule of a new post each Thursday at 12 pm HST. Posts on this site will be focused on book reviews, forecasting, and looking more closely at political, economic, and cultural change as it happens around us. I will continue to monitor the world with the Vagorithm Index and will certainly make some changes to the algorithm as the year progresses.
As the year begins, we are in a deep rut which I fear may go deeper. From an all time high of 907 under President Obama’s leadership and vision, we have sunk to a near all time low of 271 with multiple countries around the globe seemingly ready to collapse, century old powerhouse corporations like General Electric, Sears, and Ford struggling to stay alive, and a global wealth disparity that is growing faster than at any time in the history of our species – so, we have some challenges ahead.
My predictions for 2019 are not hard to predict. I believe that multiple modern stable democracies are in danger of collapsing. I think that cryptocurrency will move faster on the pace of adoption than anyone expects after the big collapse of 2018. I worry that those who need the most protection in our world will suffer the most in the coming year. Finally, I think we are going to see big breakthroughs in gene-editing, self-driving electric vehicles, and industrial automation – those kiosks in McDonalds are going to be showing up everywhere.
Economically, I think the U.S. and Global Equities Markets have one big bubble ahead of them before a spectacular collapse and the U.S. Dollar is going to lose a lot of value before the year is done. Gold should approach the $2000 mark again with other metals following. We are going to start seeing the effects of workers being replaced by automation in 2019 and it’s not going to be pretty.
All of that being said – things are looking good for 2019. This is a year of new things being born and change coming hard. It won’t be easy, but there are huge opportunities for a better world in the next 365 days.
I wish you the best,
Christopher ‘Vago’ Damitio – Founder & Chief Conspirator at Vagorithm.com