Rev 6:6 NAS And I heard something like a voice in the center of the four living creatures saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius; and do not damage the oil and the wine.”

Important Takeaways:

• BlackRock CEO Warns of ‘Scarcity Inflation:’ ‘Something That We Haven’t Seen’
• Larry Fink, CEO, and chairman of BlackRock – the world’s biggest asset manager – admitted that Russia’s invasion of Ukraine is disrupting the world order that had been in place since the end of the Cold War.
• “The Russian invasion of Ukraine has put an end to the globalization we have experienced over the last three decades.”
• “It has left many communities and people feeling isolated and looking inward.”
• BlackRock Inc. President Rob Kapito told an audience in Austin, Texas, that an entire younger generation is quickly finding out what it means to suffer from shortages, according to Bloomberg.
• Their real wage gains are negative when factoring in inflation, and their inflation expectations in March soared to a record high.
• Younger generations tend to be renters, own nothing, and have limited savings as they spend well beyond their limits.
• Kapito warned: “I would put on your seat belts because this is something that we haven’t seen.”

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