Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16 Page 17 Page 18 Page 19 Page 20 Page 21 Page 22 Page 23 Page 24 Page 25 Page 26 Page 27 Page 28 Page 29 Page 30 Page 31 Page 32 Page 33 Page 34 Page 35 Page 36 Page 37 Page 38 Page 39 Page 40 Page 41 Page 42 Page 43 Page 44 Page 45 Page 46 Page 47 Page 48 Page 49 Page 50 Page 51 Page 52 Page 53 Page 54 Page 55 Page 56 Page 57 Page 58 Page 59 Page 60 Page 61 Page 62 Page 63 Page 64 Page 65 Page 66 Page 67 Page 68 Page 69 Page 70 Page 71 Page 72 Page 73 Page 74 Page 75 Page 76 Page 77 Page 78 Page 79 Page 80 Page 81 Page 82 Page 83 Page 84 Page 85 Page 86 Page 87 Page 88 Page 89 Page 90 Page 91 Page 92 Page 93 Page 94 Page 95 Page 96 Page 97 Page 98 Page 99 Page 10036 2017 Scenario #2: Global Musical Chairs A commitment to human values, environmen- tal stewardship, and market economics are constrained by a failure of national and global cooperation. This results in continued high lev- els of debt, military expenditures, and disaster capitalism Weighting = 40% • Multipolar World • Negative Return on Investment to Taxpayer While the forces of centralization are not able to assert global control, the inability to maintain effective governance or markets in many areas results in intense and sometimes violent compe- tition for natural resources. Like the game of musical chairs, as chairs get pulled, some areas and countries suffer signifi- cant hardship and depopulation. Donald Trump is a one-term President. The result of his administration is mixed. The record is defined by partisan gridlock and, because greed overcomes gridlock, by “piratizations.” The piratization falls short of duplicating the “Rape of Russia,” but further corrodes trust in government and corporate leadership. There are similar tensions throughout many of the developed nations. Per capita incomes in Asia converge with those in the G-7 nations as the developed world’s middle class diminishes in a long, slow financial squeeze. Food shortages lead to depopulation and mass migration from Africa and the Middle East. As a result of the forces of centralization break- ing down, there are still far more pockets of productive human development and civilization than in a unipolar world. If your country or area “keeps a chair” and is able to build markets and trade with others that do as well, you are in a much finer world than either of the two unipo- lar scenarios. Critical strategic assets include arable land and water. As a result of food producing capacity, the Anglo-American alliance enjoys a sig- nificant strategic advantage – including US, Canada, Australia and New Zealand. Global tensions continue over GMO policies and the patenting of life. The continued waste of resources on war, secu- rity, and covert competition, however, means that the human race struggles under high debt loads and underinvestment in infrastructure, renewable energy, education and the arts. In- vestment in space remains somewhat protected. The advancement of civilization is much slower. Global inequality persists. Scenario #2 – Implications for 2017 Opportunities to create value: • Focus on your home, your business and your community: make sure you are adding value within a country or place which is likely to keep a chair. Geography matters. • Look for opportunities with new technol- ogies to take advantage of decentralization and globalization. • Track changes in tax policies and their implications for you and your business. Be prepared for significant volatility! Prepare a defensive strategy: III. 2017: Get Ready, Get Ready, Get Ready!!! “Like the game of musical chairs, as chairs get pulled, some areas and countries suffer significant hardship and depopula- tion. ”