Crash in the prices of Diamonds, Works of Art and expensive Watches September 12, 2024 Diamond prices have collapsed to multi-decade lows, shaking the world’s largest coffers. The downturn in the diamond market is breathtaking. Prices are in freefall…
Russia gets Crypto Exchanges to Trade Digital Yuan – de-Dollarization as Ultimate Goal August 29, 2024 Russia has announced plans to create two state-owned cryptocurrency exchanges aimed at making digital payments for international trade transactions. US sanctions have led Russia…
Rising MFO Lending Creates Bubble in Russian Economy August 22, 2024 On the face of it, for Russia its “war economy” has ostentatiously turned its “back” on Western sanctions, while the war in Ukraine is…
The problem of shadow lenders is getting bigger, possibly leading to a new financial crisis August 15, 2024 The occasion for this specific analysis is the recent statement about the main areas of concern of the Financial Stability Board (FSB) that was…
Wall Street pressures FED to print dollars to keep stock bubble and debt from bursting August 15, 2024 The “Black Monday” of August 5 and the sell off in the stock markets that had already started from Japan and the carry trade…
US vs. China: Bitcoin will become the new global reserve currency August 8, 2024 In an era characterized by global economic instability and high political uncertainty, the idea of a new world order in the financial sector is…
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…
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…