China has been hiding roughly three trillion Dollars from the United States through its state-owned banks and Belt-and-Road lending initiative. At least, that is if we are to believe groundbreaking new research by economist Brad Setser from the Council of Foreign relations. This has three big implications for the balance... [Read More]

According to Financial Times sources, cash payments, or rather a lack of them, where actually at the heart of why Wagner leader Prigozhin started his march on Moscow. This was seemingly confirmed by the Chechen leader Kadyrov, who publicly accused Prigozhin of putting his business interests before the national interest.... [Read More]

Johnny Harris, one of YouTube’s most popular creators has recently started explaining macroeconomics because: there’s so many topics here that are kind of gate kept by economists who like to make them really complicated. They are not that complicated. Like we can all understand what this stuff is. and Johnny... [Read More]

Erdogan must be feeling pretty invincible right now, after winning yet another election. However, he won’t be for long because he’s really pushed Turkey’s economy to the brink to pull off this win. So now, as the Lira nosedives and his unorthodox mix of solutions is starting to crumble, the... [Read More]

At this year’s Shanghai car show, for the first time ever, new German cars like the Volkswagen ID7 and Mercedes Maybach EQS did not steal the show. The real stars of the show were innovative electric cars from Chinese brands, such as the eye-catching BYD Yangwang U9 hyper car, the... [Read More]