debt

The impact of Covid-19 and then the war in Ukraine have dealt grievous blows to developing countries, especially to the poorest and most vulnerable ones. Events have conspired to rapidly increase the burden of their level of debt. The rise…

Both the US and the Chinese leaders have what they evidently consider compelling strategic, economic, and political considerations in favor of cooling the simmering tensions that have escalated since the latter part of the Trump…

L’inflazione è un’entità misteriosa, che dietro l’evidenza essoterica dei suoi effetti – nulla è più autoevidente del carovita – nasconde l’esoterico svolgersi di molte alchimie. Un intero sistema economico cerca faticosamente di…

An inconvenient silence. This is what is left of the turmoil caused by the failure of several financial institutions in March 2023. After the unprecedentedly swift bank runs on the American Silicon Valley Bank (SVB) and Signature Bank, and…

The euro fell below parity with the dollar on 23 August 2022 for the first time in twenty years. The best explanation is monetary policy and not purchasing power. A euro buys a lot more than a dollar, whether the frame of reference is Big…