On the back of exploding energy prices, inflation is now projected to reach a whopping 7.5% in Europe. Meanwhile, the Russian Ruble is almost back up to where is was before wave after wave of sanctions hit the its economy. So, does that mean that Russia is turning the tide... [Read More]

Look, we need to talk about Russia’s Economy. It’s true that Western sanctions are wreaking havoc upon it at the moment. But, Russia’s economy has a bigger more structural problem. This problem ensured that it never became a true economic superpower. Instead Russia’s economy has been characterized by cycles of... [Read More]

Introduction Even though, the Russian central bank had spent years and years building up a giant, well diversified war chest of foreign reserves. The Russian Ruble is in big trouble. I mean, only a months ago, I made a provocative video about how smart Russia’s strategy really was. Going on... [Read More]

Script: Why QE Failed to Produce Inflation Yes, inflation in Industrialised nations is far above their central bank’s targets of 2%. and Yes, for the last 15 years, these same central banks have been using Quantitative Easing programs <show meme “printing money” here with US central banker pointer + QE... [Read More]

Inflation is back (USA, EUROZONE)… On that, basically everybody agrees. However, an intense debate is currently raging about whether or not inflation is here to stay or whether it is just a temporary blip. The position that inflation is high now but will soon return to its normal level is... [Read More]