Imagine a universe where QE failed. "Twilight Zone." We've entered into a "Twilight Zone."

That's according to Viktor Shvets, a strategist at Australian bank Macquarie in Hong Kong. In a recent note, Shvets set out his bearish view on the global economy, running through his views on the risk of stagnation, a drop in productivity, and the third industrial revolution.

Shvets is a colorful guy. He has suggested trying to colonize Mars to boost the economy, and his note argued that the "return on humans" is declining, which is a worrying thought.

The note really caught our eye, though, because it touches on a lot of the topics we've been thinking about and writing about at Business Insider. From the rise of robots to the nationalization of capital markets via demographic timebombs, the note has a bit of everything and is definitely worth a read.

We asked Macquarie to let us reproduce the note, and they thankfully agreed. Read on: