Next year could be slightly better or worse. The next decade will definitely be worse, as climate change really starts to bite. Over the next century? We are as fucked as the planet will be, unless some serious societal changes happen. Trouble is they won't happen while billionaire psychopaths control everything.
this post was submitted on 26 May 2026
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Bad.
It looks bad.
I don't think the "economy" has ever actually picked up in my lifetime. At least not for the working class, I don't give two fucks if something happens to billionaires.
I’m pretty gloomy based on
- Pax Americana destabilizing/collapsing; wouldn’t be surprised to see some minor parties make a move
- Hormuz will remain closed, because USA is anti-diplomatic and Iran has nothing to lose
- AI spending will continue, but the money will start to need to be real, and the firings will continue until AI wins
- El Niño will further disrupt food security
- global warming will disrupt everything
The global economy is severely weakened, but stable. There is also a long list of developments that could crater everything, both literally and figuratively, and very little to look forward to for the vast majority of the population.
Best case scenario is the ending of multiple hostilities, allowing the resumption of trade, and a slow grinding recovery.
Worst case scenario is an extinction event, either caused by escalation in Ukraine, or to a lesser extent Iran, leading to nuclear conflict.
Both extreme's are unlikely, and the entire range between them is just various levels of who is going to get fucked.
and a slow grinding recovery.
Which will most likely happen during the next Dem presidency. But not fast enough so everyone will lose faith again and gamble with another Republican felon (maybe rapist too) and rinse and repeat.
As soon as we squeeze out of the clown car we pile right back in.
I appreciate your optimism.
The rich will get richer while the rest of us will become poorer due to our pay not beating inflation. You know, the same as every year since market deregulation in the 80.
Surely the invisible hand will save us!
I didn't know if I've ever seen a better image reaction to a question than this.
I don't know about any global crisis, however I'm feeling optimistic about the Russian invasion ending within a year, hopefully allowing my country (Finland) to continue trading. I also hope fossil fuel usage starts declining. I'm feeling cautiously optimistic, atleast about my country.
Hopefully Finland pulls out of the terrible unemployment and the random drone nonsense soon!
Last time fuel prices were up (Close to 20 years ago) there was major interest in hybrids and gasoline alternatives. Now that gas prices are up again we'll see more interest in electric vehicles and alternative forms of transportation.
Next year? Hard to say. If Starmer gets ousted, which looks more and more likely, then that'll probably mean a cabinet reshuffle. Honestly can't say I've been too impressed by Rachel Reeves' efforts, but then again I imagine it's hard to totally insulate the economy from a mad bloke who's seemingly trying his level best to destabilise the entire world.
If Burnham or Miliband do get elected, then I imagine we'll do ok.
Leading economic indicators are slightly down: https://www.conference-board.org/topics/us-leading-indicators/
Economic sentiment (one example https://www.sca.isr.umich.edu/ ) is sharply down.
Predicting the economy is difficult, many different people bet real money both ways.
The best summarization I recommend considering is the discussion of the "K" shaped economy. Standards seem to be shifting, those with wealth seem to be doing well if not growing. Those at the margin or poorer seem to be getting worse. So you can have two true statements that the stock market is soaring and GDP is growing, AND most people are facing declining economic prospects.
I'm a stranger on the Internet, so don't put too much weight on my analysis. Check historically reputable resources and even then take their predictions with a grain of salt.
I try not to