When the world is squeezing, everyone has to invest.

The world situation reversed back and forth, a kind called indefinite certainty. A new round of conflict between the United States and Iran escalated again. Oil prices were ready to soar again. Global assets fluctuated. AI was about to become the sole refuge of the global economy.

.

Concerns are reflected through many indicators - GDP growth, global trade, etc. - but what is reflected differently from everything is the global stock market.

.

Why is that? The first thing to start talking about is the "Buffett Indicator," a scorecard that was forgotten after the stepping down of Berkshire Hathaway CEO Warren Buffett.

.

This is the metric that Buffett uses to analyze where global stock markets are "cheap or expensive." Calculation is not complicated. Just bringing the market caps of the stock exchange to the GDP of the country will get cheap or expensive.

.

If the figure is more than one times, it reflects that the market is getting too high, then why is it important? Because if you analyze it in depth, not only is the stock market cheap or expensive, but you can see what the "market controller" is directing.

.

Many big markets around the world are now expensive. Whether it's the United States, where the market cap is about 2.5 times bigger than GDP, Taiwan 4.2 times, South Korea 2 times, Japan 1.7 times, Thailand 0.8 times, only China and Germany are about 0.5 times bigger.

.

This number is growing compared to the past, where it says that "private" is going to dominate economic resources over the state, that business enterprises are turning into "state enterprises," that the state cannot lack them, and that these big business enterprises are dominating the state.

.

The market caps of these markets are growing back and forth from the huge sums of money that have poured into them, even though some economies are barely growing.

.

In this situation, the world's human resources are about to become permanent employees, because the old belief that we own state resources, work for a living, pay taxes, tax the state, run them, and give people good welfare is no longer applicable.

.

"GDP, the country is growing, are we getting richer?" Many people answer this very easily, almost without repeating the question or thinking for a long time. GDP is a "total mass," where the numbers that grow are only a few companies, not in the state or in the people.

.

So after this, human resources around the world will bow down to work, save, pay taxes, and hope that the state will take care of retirement is no longer possible, because the state is getting smaller and smaller, the ability to take care of welfare is getting lower, and the cost of everything is increasing.

.

The only way for human resources to survive is to become "owner" of State Enterprises, which is to invest. In this situation, it is almost impossible to rise to the top of the line.

.

Because after this, these organizations will grow, occupy almost all of the world's resources, or maybe even the outside of the world, and if we don't own them in the future, we won't own anything, the state we feel we own will continue to deteriorate.

.

It's time for all human resources to review how we want to be permanent employees, working hard for a compensation organization that never makes sense for the organization's huge profits, like a piece of meat on a dish left over from a large piece of primitive steak that was already eaten.

.

Or we would like to change our ownership status, to have the opportunity to eat a large steak table, even if it is not a full mouth, but no longer wait to receive a piece of meat on the edge of the dish.

.

Most importantly, when we run impotent at work, we are no different from the surplus that burdens "old" enterprises, new generations, or perhaps AI replaces them, we become permanent employees who are completely unemployed, no longer having any interest in the organization.

.

And who will take care of the quality of life for the rest of the time, the state will not be able to take care of it at full capacity, but if we still have ownership of these organizations, at least it will be taken care of through dividends, even if we do not work anymore, enough is not enough, some is better than nothing.

.

The world is forcing us to be part of most resource holders, no longer part of the state...Which side will we choose?

.

# StateEnterprise # Plan investment # BuffettIndicator # Thai shares # Foreign stocks