Unfortunately, I can also remember the situation you describe, and therefore your description is a possible scenario, but there is also the opposite, will not start listing for we probably all know.

The macro economy itself therefore becomes very much a matter of attitude, and the chance of your scenario is great. However, there are some things that are different from previous crises. Here are my 3 bids:

- Green transition, and transformation of energy supply and infrastructure.

- EV disruption of fossil transport

- Storage of electricity from solar and wind energy.

These three innovations will require so many resources and investments world wide that it has not been seen before in history. In the Nordic countries, it is believed that it will cost more than 5% of wealth to be able to invest what is required (much of the technology has not been developed yet).

Lac could be a part of this if there is no negative news.

Dark horse is:

- Ukraine, Taiwan

- Covid?

Continued good weekend.