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The Vanishing Economist

The Vanishing Economist: The Soothsayers Have Gone Silent

The Soothsayers Have Gone Silent

Three months ago, you couldn’t open a financial news site without being bombarded by market predictions. Every tweet, every half-percentage move by the Fed, every slight geopolitical tension had an instant chorus of analysts proclaiming their interpretations.

Now? Silence. The once omnipresent economic commentators, so confident in their models, so eager to tell us where to put our money, have evaporated.

It’s not just caution. It’s not just uncertainty.

It’s because they don’t know what the hell is happening.

The maps they used to navigate markets are now useless. The models they worshipped no longer work. The economic playbook has been burned, and those who relied on it for decades are staring at the smouldering remains, unable to speak.

Welcome to the Great Uncertainty.

The Death of Economic Prediction

For years, the game was simple. Economists, analysts, and Wall Street strategists played within a known set of rules:

  1. The U.S. was the financial anchor of the world.
  2. Free trade and globalization were unstoppable.
  3. Interest rates and inflation were controllable by central banks.
  4. Technology would drive growth indefinitely.

And then reality walked in and shattered those illusions.

  • The U.S. is retreating from global economic leadership. Protectionism, nationalism, and geopolitical fragmentation are pulling the world apart at the seams.
  • Globalization is reversing. Supply chains are collapsing. Countries are scrambling for economic independence, and China is no longer America’s factory.
  • Inflation isn’t a blip; it’s structural. The cost of living is outpacing wage growth, and central banks are stuck between killing inflation and suffocating economies.
  • Tech is cannibalizing itself. AI won’t create more jobs—it will replace them. Tech giants are cutting their own legs off in pursuit of efficiency, and Wall Street still hasn’t priced in the reality of a permanently smaller workforce.

Where Are the Economists?

For decades, these people made their living by pretending to understand the future. They used statistics and trends like priests reading entrails, wrapping their forecasts in dense jargon to obscure the fact that they were just making it up.

And now?

They have nothing.

Because this level of chaos doesn’t fit their models.

We are no longer in an era of small, manageable fluctuations. We are in the midst of a systemic upheaval, where markets are no longer controlled by central banks and corporate earnings but by billionaires, geopolitics, and algorithms programmed by people who themselves don’t understand what they’ve built.

Economists are silent because they’re afraid.

Afraid of being exposed as wrong. Afraid of making a bold call in a world where certainty no longer exists. Afraid that the “laws” of economics they swore by have been nothing more than convenient fictions.

What Happens Next?

So if the supposed experts have abandoned the field, what do we do?

We think. We prepare. We adapt.

Here’s what’s coming and how you can get ahead of it.


The Next 12 Months: A Storm Before the Real Collapse

1. The Recession Is Already Here—It Just Hasn’t Been Named

The U.S. economy is not in a technical recession yet. But “technical” is just a word economists use to delay panic.

Right now, the reality is that:

  • Corporate bankruptcies are accelerating.
  • Commercial real estate is imploding. Office space in major cities sits empty, and no one is buying these worthless properties.
  • The debt bubble is bursting. Government deficits, corporate debt, consumer credit—it’s all unsustainable. The moment rates drop again, inflation will spike, making it impossible to fix.

The real economy is already in contraction. The market just hasn’t admitted it yet.

2. The Stock Market Will Crash—Then Soar

Right now, the market is still propped up by the last fumes of COVID-era money and AI hype. But here’s what will happen next:

  • The first crash will happen within the next 6 months. Too much leverage, too many overvalued stocks, and too much hope priced into companies that don’t actually generate profit.
  • Then, a fake rally. When the Fed inevitably cuts rates, the market will surge back up—but it will be temporary.
  • Then the real crash. When the dust settles and companies start reporting earnings that reflect the new reality—higher costs, declining demand, and shrinking margins—the market will tank again.

3. The Real Estate Collapse No One is Talking About

The housing market is a ticking time bomb.

  • Commercial real estate is already in crisis. Entire skyscrapers in major cities are worth less than their land value. The problem? Banks hold trillions in commercial property loans that will never be repaid.
  • Residential real estate is next. People who bought homes at 3% interest rates can’t afford to move now that mortgages are at 7-8%. Demand is frozen, and inventory is piling up.
  • The rental market will collapse in 2025. With high rates, job losses, and a wave of evictions incoming, landlords are going to realize they can’t charge $3,000 a month for a one-bedroom apartment forever.

This will be the largest housing reset since 2008, maybe ever.


The Next 10 Years: A World Rebuilt

The real question isn’t what happens in 2024. It’s what the world looks like by 2034.

Here’s where we’re headed:

1. The End of Globalization as We Knew It

  • China is no longer the factory of the world. Countries will move supply chains closer to home. Expect more localized production, but at higher prices.
  • New economic alliances will form. BRICS will grow in power, challenging U.S. dominance.
  • The U.S. dollar will weaken, but not collapse. Other countries will shift away from the dollar, but no alternative is strong enough to replace it—yet.

2. AI Will Create More Problems Than It Solves

  • Jobs will disappear faster than they are created. AI isn’t just replacing factory work. It’s coming for lawyers, accountants, and even engineers.
  • A new wave of digital monopolies will rise. The companies that control AI will control the economy—just like Google, Amazon, and Facebook dominated the internet era.
  • Expect new regulations—but too late. Governments will try to rein in AI, but by the time they do, the damage will be done.

3. A Major Political Shift Will Reshape Everything

  • Governments will be forced to choose between economic nationalism or collapse. The era of free markets is ending.
  • Debt defaults will happen. Countries and corporations are overleveraged. Someone—probably multiple “someones”—will default.
  • Expect a new financial system. The way money works today—central banks, fiat currency, infinite debt—will not last another decade. Something new will emerge.
  • The Trump/Musk empire will play out in a way that no one can predict. There may not be anything left to debate.

What Do You Do Now?

  1. Hold cash—for now. Liquidity is your best defense against volatility.
  2. Invest in real assets. Hard assets like gold, commodities, and farmland will hold value better than stocks.
  3. Wait for the crash, then buy distressed assets. The biggest fortunes are made in downturns. *This deliberate destruction of economic value is designed to suppress value, so they can have all the land.
  4. Start preparing for a future where work looks different. The AI revolution is real, and it won’t be kind to those who ignore it.
  5. Build resilience. The next decade will reward those who can adapt—not those waiting for the old world to return.

This is a Great Reset. But not the one the billionaires told you about.

This is the collapse of everything the economic establishment believed was permanent.

And in its place, a new world is being built.

Are you ready for it?

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Thanks!

B


Proconsul 🇨🇦 (@proconsul.bsky.social)
Visionary Strategic Growth A guide for ambition, bridging strategy with implementation for modern business: clarity, structure, and sustainable impact. I listen. If it’s possible, I’ll show you how. proconsul.ghost.io
The economists have vanished. Three months ago, they had a forecast for every stock, every policy shift. Now? Silence. Why? Because their models didn’t account for chaos.

Markets aren’t rational. The economy isn’t a machine. It’s war. And if you’re waiting for analysts to tell you what happens next, you’ve already lost.

PS -

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