Our international rules-based order through which the world’s nations pursue global peace and development is in my opinion crashing into the limits of its founding vision.…
Economy
Economy• Europe• Germany• Russia
Germany needs to wake up and must become a global economic actor within Europe and beyond
October 2022Russia’s war of aggression in Ukraine is shaking up the EU, accelerating its evolution into a fully-fledged sovereign political power, complementing its existing economic strength. The…
China• Economy
China’s biggest property boom in human history has ended and is now turning into a bust and economic transformation
September 2022China’s property – driven growth model, which has powered the global economy for at least two decades, is in my opinion looking increasingly broken. Fixing it…
Economy• General
The change in demography means… that governments of the world need to act fast on government debt levels and budgets… It’s looking really bad…
September 2022For the first time in history, there are more people over the age of 65 than under 5. Pensioners outnumber children in a growing number of…
Economy• Italy
Italy will hit the wall: the Italian economic crisis has very little to do with fiscal profligacy or general incompetence as the most competent person, Mario Draghi is gone
August 2022As president of the European Central Bank (ECB), Mario Draghi most probably saved the euro. In my estimation, this makes him one of history’s greatest central…
Shocks such as COVID-19 and the Russian invasion of Ukraine command not only our attention but also has a deep influence of reshaping the world from…
Economy
Current inflation rates represent the price of comfort and convenience – complex supply chains created by the “Middleman”
June 2022Adam Smith, the father of modern capitalism ,famously thought that fair markets required a shared moral framework between buyer and seller. That’s no surprise, considering that…
The economic crisis in Sri Lanka is deepening. The rupee has plunged to record lows against the dollar on the back of blackouts, food shortages and…
During his January 17th, 1961, farewell address US President Dwight Eisenhower warned against the threat posed to democratic government by the “military industrial complex”, formed by…
Cryptocurrencies• Economy• Technology
Digital currencies are binding the world’s economics and financial markets closer together – it’s a brave new world
February 2022The emergence of digital currencies, both private and official, is shaking up domestic and international finance. This will in my opinion yield many benefits but some…