1 year ago, an alliance of democratic states, led by the G7, responded to Russia’s invasion of Ukraine by declaring economic war on Russia. An economic war that wasn’t fought with weapons. But, with sanctions that would in the words of European commission president von der Leyen be imposing: massive... [Read More]

You are looking at the mighty U.S. Dollar, the global reserve currency which is helping the U.S. maintain the largest military in the world and gives it unmatched power to impose sanctions on its enemies. But, now two of the world’s most prominent analysts in economics believe that this might... [Read More]

This is a simulation of a planned 7km long bridge in the Maldives that will link it’s capital Malé with the islands to it’s west. It will cost over 500mn Dollars to build, and will be funded by India. However, on the other side of the capital you can find... [Read More]

This is the Turkish Lira. And, compared to the U.S. Dollar, it was basically on fire for most of 2022. But, as you can see in this chart, it was already falling relentlessly for a long time, and then started falling even faster in 2022. It was at this point... [Read More]

What you just saw here is the great crypto crisis. As you could clearly see, the collapse of FTX is not some isolated incident, it is part of a bigger story. A story that is all about speculation, debt, and, what economists call contagion. And, while this story is shaking... [Read More]