Futurist Who Predicted 9/11 Says There Will Be A Global Crash By The End Of 2020

Reading Time: 7 minutes

Donald Trump will win re-election in 2020 just in time for a “global crash,” Aussie property prices still have much further to fall, and Facebook will be dead within a decade.

Chillingly, within the next three years, a popular world leader will be assassinated using autonomous drone technology, sparking an international outcry.

Those are just some of the predictions of futurist Dr Richard Hames — who correctly foresaw 9/11 and the GFC, two of the biggest world events of the past two decades — but they’re not his craziest.

“My craziest prediction is that within the decade we’re going to see almost a revolutionary change in how we think about politics, social enterprise and the economy,” Dr Hames said, citing climate change and the widening gap between rich and poor as key catalysts.

“Governments will seriously consider how they can put a cap on personal wealth, thus challenging the capitalist framework. We will shift our thinking away from growth at all costs to how humanity thrives without growth and even negative growth. Economists will say that’s impossible, but it isn’t if you look at more things than just the economy.”

Dr Hames believes Nordic countries will be the first to make this shift, and “as always Australia will lag by up to a decade”.

“We need to change our thinking so we burst through the threshold,” he said.

“We’re in a gridlock at the moment, unable to solve the problems.”

The Australian-born author and consultant, who describes himself an “anticipatory futurist”, has delved into hundreds of topics ranging from the future of conflict and work to taxation, business and society, food security, international terrorism, smart cities, financial services, health care, science and alternative energy.

To promote his tour of the country, Dr Hames has come out with a number of headline-grabbing pronouncements — including that a second financial crisis is just around the corner.

“Since the global financial crisis none of the structural dynamics have changed, in fact I think they’re getting worse,” Dr Hames said.

“There is going to be a global crash by the end of next year.”

On President Trump’s 2020 prospects, he argues that “a lot of his base is actually falling away but in a number of ways the economy is going better in the US than anyone expected”.

“The Democrats are in disarray, that’s a big part of it,” he said.

“They’re fighting each other. I’m saying with almost 100 per cent certainty that he’s going to get back in.”

House prices in Sydney and Melbourne, meanwhile, could “still fall by around 15-18 per cent over the next two to three years”, Dr Hames argues. He says the latest moves by the prudential regulator to ease lending standards is “just a blip.”

“None of the structural dynamics are changing,” he said.

“The most important thing for getting into the housing market is not affordability of a mortgage, the most difficult thing is attainability, it takes longer and they have to save more for a deposit.”

In terms of investors, Dr Hames says the large flows of “mostly Chinese money that were propping up house prices is drying up”.

“Home ownership has continued to fall since the GFC, and you’re seeing local investors pulling out of rental properties because of low rental yields,” he said.

“It’s all not good. It’s precipitating worse conditions than before the last crash.”

And on the drone assassination, Dr Hames says he is “surprised it hasn’t happened already” — last year, Venezuelan dictator Nicolas Maduro was nearly taken out by two explosive-laden drones.

“The reality of what’s happening in organizations like DARPA (the Defense Advanced Research Projects Agency) in the US, they’ve been developing drone swarm technology,” he said.

“There is now the technology to really monitor almost anyone in the world at any time, especially if you’re carrying a mobile phone, and deliver a toxic poison to anyone at all.”

With AI-connected drones now able to fly autonomously and select their own targets, “you’ve just got a world waiting for such an event to happen”.

“I think we’re going to see that very soon, especially given the antagonism between some world leaders and the difficulties between Israel and Palestine and now Iran and the US,” Dr Hames said.

“The Middle East is just ripe for such an event.”

DR HAMES’ 10 ‘WILDCARD’ PREDICTIONS

• “Cryptocurrencies will not go away. There will be a shift away from utility tokens towards sovereign tokens. But tokenised ‘Dapps’ will be the next big wave to disrupt the monopolies of centralized platforms like Google, Facebook and Amazon.”

• “At this stage Donald Trump will probably win the 2020 election and continue in his current manner of tough talk in the form of bluff and counter-bluff.”

• “The new conservative leadership in the UK is seeking a radical neoliberal paradise and will do everything they can to achieve Brexit this Autumn. If they fail the government may well be forced into another referendum on Europe in 2020. If that happens a clear majority of voters could opt to stay in the EU.”

• “A US war with Iran hinges on two factors. Whether John Bolton is ruthless enough to organize a false flag attack on US assets, and whether pressure from Netanyahu persuades Trump to turn Iran into a failed state at war with itself along ethnic and sectarian lines so that it no longer poses a threat to Israel.”

• “Before 2022 there will be an international outcry involving the use of autonomous drone technology to assassinate a popular world leader.”

• “By 2023 Facebook will be renamed Instagram. By 2028 we will not remember either. Facebook will become powerless to stop its own descent.”

• “The long-term future of urban transport is hydrogen fuel cells and not electric vehicles. By 2030, 80 per cent of public transport in Australian cities could be hydrogen-fueled.”

• “By 2025 Australian politicians will realize that carbon emissions are not the main issue of concern for us. Here it is the water cycle and the destruction of the soil that are equally, if not more, important. Fresh water scarcity will be the defining Australian crisis of the 21st century.”

• “By 2035 it will be possible to make almost everything we need from CO2, H2O, sunlight, PV electrolysers, and genetically engineered microbes.”

• “The first country to build commercially viable molten salt uranium and/or thorium fission reactors will be rewarded with a gigantic global engineering company.”

Shrines Of The Obsolete

Reading Time: 2 minutes

blank

If you had ask me 50 years ago what I thought the future of electronics would look like, I would have told you marvelous visions that would have been incomprehensible to most. Instead, this post, in my opinion, is way more bleak than I would have imagined.

I would have to imagine that a baby boomers basement are like little shrines to obsolete one-time cutting-edge VCR’s, corded telephones, beige PC monitors and the likes of everything in between. Way fewer Millennial’s will have basements to store one mans treasure, another mans trash as even home ownership has quickly on the verge of being obsolete. But presumably, once climate change really hits and they’re all renting cots in corporatized storm shelters, they’ll have little lockers to put stuff in. And it’s worth wondering: what worthless old technology will they be inexplicably hoarding?

When we think about technology – a weird and wonderful shape-shifting concept – we are quick to invoke ideas of time as a determinant. We expect some to become obsolete at some point, to come to an end, as they are replaced by new ones. This way of thinking is deeply ingrained as the norm. We think of particular historical times being characterized by particular machines or processes, and we imagine the future will be made anew by a few such machines and processes. The current favorite is something called AI. In this way of thinking some people are ‘ahead of their times’ while most of us, not having grasped the significance of what a few gurus claim to be the future, are of course ‘behind the times’.

Safety In The Philippines

Reading Time: 3 minutes

blank

Although most expats report feeling quite safe in the country, there are a number of safety and security concerns in the Philippines. It has a high crime rate and is subject to frequent natural disasters. Although the risk of terrorism remains relatively low, the southern regions of Mindanao and the Sulu Archipelago continue to experience insecurity due to the presence of numerous insurgent groups.

Expats should take necessary precautions when it comes to safeguarding their valuables and should always keep abreast of political developments and hazardous weather warnings.

Crime in the Philippines.

Crime rates in the Philippines are high, with violent crime a particular concern. Gangs are active in large cities like Manila, which has experienced a recent increase in armed robberies. Expats should be cautious and vigilant in crowded public places to avoid petty crimes such as pick-pocketing and mugging.

Scams.

Expats in the Philippines should be aware of various scams targeting foreigners. These include Internet scams, credit card fraud and ATM fraud.

Credit card fraud is an ongoing problem in the Philippines and expats should use credit and debit cards with caution. It’s best to not use ATMs that have any unusual covers over the keypad or the card slot. These devices can record banking information and PINs.

Foreigners in the Philippines should avoid carrying large amounts of cash and wearing flashy watches or jewelry. Those who use common sense are less likely to become victims of crime.

Emergency numbers.

The general emergency number in the Philippines is 112. Expats can also call 117 or 168 to reach the police directly.

Food and water safety in the Philippines.

It is unsafe to drink tap water in the Philippines, but bottled water is readily available at shops and restaurants. Expats should remember that ice is made with tap water, so they should also avoid having ice in their drinks.

Natural disasters in the Philippines.

The Philippines is one of the most natural disaster-prone countries on Earth.

The Philippines experiences several tropical cyclones annually, which can cause flooding and landslides that have devastating effects on the population.

Expats should always be aware of the risks in the area where they are living and should always take cyclone and flood warnings seriously. Expats should have a plan of action in case of emergency and make sure that they have appropriate insurance coverage.

Protests in the Philippines.

Protests are relatively common in the Philippines, particularly in larger cities. These are largely by anti-government groups. Anti-US protests often take place in Manila (in the vicinity of the US embassy). Activists have long been opposed to the presence of the US military in the region and an agreement that allows US troops to hold joint training with the Philippines army. Although most protests are peaceful, expats should avoid them as a precaution.