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Charlie Stross
Charlie Stross
@cstross@wandering.shop  ·  activity timestamp 2 hours ago

Why is global uncertainty at an all-time high in 2026? World Uncertainty Index surges to 106,862 in February - worse than COVID, 2008 crash, and 9/11 combined:

https://economictimes.indiatimes.com/news/international/us/why-is-global-uncertainty-at-an-all-time-high-in-2026-world-uncertainty-index-surges-to-106862-in-february-worse-than-covid-2008-crash-and-9/11-combined/articleshow/128482783.cms

The Economic Times

Why is global uncertainty at an all-time high in 2026? World Uncertainty Index surges to 106,862 in February - worse than COVID, 2008 crash, and 9/11 combined

The World Uncertainty Index hit 106,862 in February 2026. That number is unprecedented. It beats every crisis in modern history. COVID peaked lower. So did the 2008 financial crash. The Dot-Com collapse was nowhere close. This is not a forecast. This is live data from 143 countries. Economists are alarmed. Markets are rattled. And nobody has a clean answer yet.
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Killa Koala
Killa Koala
@dshan@mastodon.au  ·  activity timestamp 29 minutes ago

@cstross Why so much uncertainty? I'm really not sure.

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Hannah Steenbock
Hannah Steenbock
@Firlefanz@writing.exchange  ·  activity timestamp 57 minutes ago

@cstross

Let's not mince words here.

The reason is Trump.

When the president of arguably the nation with the biggest military in the world is suffering from massive dementia and his enablers are basically establishing a fascist nation, the world IS afraid.

For good reason.

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Charlie Stross
Charlie Stross
@cstross@wandering.shop  ·  activity timestamp 51 minutes ago

@Firlefanz Yes that's a factor, but there are many complicating issues: we're undergoing the biggest global energy economy transition since the coal-to-oil transition circa 1890-1940, an unprecedented crisis of capitalism due to the global removal of checks and balances, the weaponization of the internet by Russia (and Russian-backed proxies, mostly fascists), the end of the Third World (China has developed: India is only a short distance behind, Africa's mostly doing much better), and so on.

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Hannah Steenbock
Hannah Steenbock
@Firlefanz@writing.exchange  ·  activity timestamp 46 minutes ago

@cstross

True, and there is the looming climate catastrophe, but all of this is made so much worse by the rise of fascism and the influence of the billionaire oligarchs all over the world.

Trump is spearheading the dive into chaos and sabotaging everything, from science to trade to diplomacy. Unfortunately, there are plenty of brothers in spirit who follow him without hesitation.

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Graydon
Graydon
@graydon@canada.masto.host  ·  activity timestamp 1 hour ago

@cstross The status quo cannot hold.

No one in a position of power ever expresses an alternative; they are, instead, absolutely committed to maintaining the status quo by any means, up to and including committed genocide on themselves, never mind (generic) you.

There is no law but power, and power wants everyone to die because god won't love them enough.

And since we all need the big machine of society and exchange to run in order to live, it's easy for everyone to die. People have noticed.

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⊥ᵒᵚ⁄Cᵸᵎᶺᵋᶫ∸ᵒᵘ ☑️
⊥ᵒᵚ⁄Cᵸᵎᶺᵋᶫ∸ᵒᵘ ☑️
@falken@qoto.org  ·  activity timestamp 1 hour ago

@cstross what's the unit of uncertainty? What does an increase of one on the index mean?

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Madeleine Morris
Madeleine Morris
@Remittancegirl@mstdn.social  ·  activity timestamp 1 hour ago

@cstross Because now we are beyond any doubt that the people in power are either batshit crazy or grossly incompetent.

Before, we just suspected it.

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prom™️
prom™️
@promovicz@chaos.social  ·  activity timestamp 1 hour ago

@cstross It seems to me like leadership vacuum - which is what happens, when managers are incompetent or disinterested.

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jwz
jwz
@jwz@mastodon.social  ·  activity timestamp 2 hours ago

@cstross What's the uncertainty on that uncertainty? I would like to take my error bars error bars out to the bar.

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Charlie Stross
Charlie Stross
@cstross@wandering.shop  ·  activity timestamp 1 hour ago

@jwz There's probably some linguistic uncertainty in there, too! But the article itself highlights a bunch of worrying trends.

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