2023 Bitcoin & Macro Outlook with Lyn Alden - WBD600

Lyn Alden is a macroeconomist and investment strategist. In this
interview, we look forward to 2023: what’s happening to Japan and
China’s economies, whether we are entering a recession, and how
will investments, including Bitcoin, perform over the next year?


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2022 was when chickens came home to roost. Over 70 years of
relative peace across Europe had lured politicians into a false
sense of security allowing cold pragmatism to supplant ideology.
Then Russia invaded Ukraine, and the wisdom of assimilating
energy markets across the old iron curtain was brought into sharp
relief. China sent equally belligerent signals to the west. In
short order, retreat and resilience have replaced cooperation and
efficiency.


Assumed certainties that had driven the world economy for
generations dissipated in real-time. The economic impact was
sudden: stressed supply chains, shortages of goods across all
sectors, and dramatic changes in inflation. Excessive sovereign
debt has limited governments’ options. We’re now in the central
bankers' worst-case scenario: high inflation, high debt, and low
growth. Advanced countries like Japan are now on the ropes. A
global recession is looming.


So, how does one prepare for 2023? Where should we put our money?
According to Lyn Alden, it’s far from easy to navigate this
market. When a preeminent investment strategist talks of
minimising losses you know that we’re in unfamiliar territory.
And yet, there are still reasons not to lose hope. The world
didn’t collapse in 2022. China’s economy should rebound.


It will take time for the world to reorder itself to the new
rules of the game. Onshoring and durability are going to require
significant investment. Debt levels make it harder to source the
funds required. At the same time, we’re in a period of stagnation
with potential volatility at given moments. Governments will have
to chart a steady course through choppy waters. Investors will
need to keep a close eye on markets and know where the lifeboats
are.