BRICS: The new global financial order will be achieved by removing sanctions, using cryptos, gold and de-dollarization August 8, 2024 Russia will soon turn to cryptocurrencies as the most convenient method to circumvent the heavy international sanctions that have affected the economy amid its…
Global markets: After the plunge – The role of the carry trade, shorts and the hit to hedge funds August 8, 2024 The numbers flashing on the stock screens on Monday were shocking. Whether Monday’s wild swings mark the final blowout of a global sell-off that…
A move away from the dollar could hurt the Εconomies of Russia, China and India August 1, 2024 Despite the ongoing movement, the dominance of the dollar is unlikely to disappear easily and quickly, given how pervasive the dollar is in financial…
Russia’s Economy is booming, enabled by mammoth State spending August 1, 2024 As the West tries to bring Russia’s economy to its knees with successive sanctions packages, massive government spending and labor shortages have led to…
Why does the imposition of tariffs create few jobs in the countries that impose them? July 25, 2024 The US presidential contenders seem to agree on one thing: Both Donald Trump and Joe Biden have imposed high tariffs on imported goods made…
The REPO Act poses a problem to US Geopolitical Hegemony July 25, 2024 In the wake of Russia’s military operation in Ukraine in 2022, the US government launched its most aggressive sanctions campaign ever. The US government…
Capital markets await the first country to “fall” from debt, the five “suspect countries” July 18, 2024 Huge amounts of debt among the world’s biggest economies are starting to unnerve financial markets again as elections cloud the fiscal outlook. French bonds…
ECB: Inverted Bond yield curve warns of coming pain and 2008-style recession July 18, 2024 The possibility of a major financial crisis, similar to the one that occurred when Lehman Brothers went bankrupt in 2008, is increasing day by…
Trump Presidency 2.0: The Dollar will be sacrificed to deal with the huge Public Debt July 18, 2024 The US must abandon its “mammoth deficits” if it is to keep US debt levels manageable for decades to come. The over-indebted US economy…