As global markets gyrate wildly, with "euphoric" gains one day and equally depressing falls the next, one wonders what investors are smoking as they go long and short in their positions. Moreover, this zig-zag behaviour of global markets reminds us of a "Drunkards Walk" where investors are unsure about their movements, let alone able to … Continue reading Here’s Why Global Markets Have Been Gyrating Like Junkies And Behaving Like Drunkard’s Walk!
Ever since the United States unilaterally pulled out of the Gold Standard, thereby "delinking" the creation of money underpinned by a physical asset, the ensuing neoliberal economic model of ordering societies has held sway over not only the West but also in large swathes of the developing world. While the merits and demerits of whether … Continue reading The Great Unraveling! How Five Decades Of Economic And Financial “Excesses” Have Reached A Tipping Point And Threaten Our Collective Future
The global economy is currently in a "slow motion" collapse. Unlike The Great Recession of 2008, where the bankruptcy of the American Investment Bank, and Lehman Brothers set in motion a "near death" of the global financial system, this time around, it is "death by a thousand cuts" for the global economy. We can see … Continue reading The Global Economy Is Now In A “Slow Motion” Collapse! Don’t Expect Big Bang Fireworks! Likely End In A Whisper
Is the US Economy in a recession? Depends on whom you talk to. While there have been two-quarters of contraction in economic activity, the Biden Admin is loath to call it a recession, fearing it might hurt the Democrats in the looming Midterms in November. On the other hand, in a "surprise" of sorts, the … Continue reading A Recession By Any Other Name Is Still A Recession! Here’s Why The Global Economy Is Entering A Downturn
Is the Global Economy "resilient" enough to withstand another 2008-like Lehmann Shock? For those of you who are too young to remember, I am talking about the bankruptcy of the American Investment Bank, Lehman Brothers, on September 15, 2008, which "triggered" the Great Recession and almost "took down" the Global Financial System. For those old … Continue reading Is The Global Economy Resilient Enough To Withstand Another 2008 Like Lehman Shock To The System?
Is Vladimir Putin going for broke? The breaking news out of Russia is that its gas monopoly, Gazprom, is "cutting" natural gas supplies to Europe to a fifth of what it normally supplies to the continent. While the ostensible reasons being cited are turbine maintenance and the non-arrival of them after repairs from Canada, which … Continue reading Is Putin Going For Broke? Using Gas And Grains As Weapons, Russia Raises The Stakes In The War With The West
Are we on the cusp of a "bottomless" recession? As everyone and their dog predict a downturn in the coming months, it is useful to consider how we got here, why we got here, and what the way forward is. To start with, we are now witnessing an "unwinding" of decades of "easy money" brought … Continue reading Why I Believe That The Coming Downturn Is A Bottomless Recession
Investors beware, the global economy is flying into turbulence and with a near-constant stream of bad news from around the world, this is the time to be cautious with your money. I have curated the Top 5 Trends that can impact the global economy this month and beyond, which provide insights into what can affect … Continue reading Investors Beware!! Here Are The 5 Trends That Can Cause Havoc In The Global Economy
Is it just me, or, is anyone else feeling that it is 1991 again. Right from a "highly probable" Russian Default, reminiscent of the collapse of the erstwhile Soviet Union in December 1991, to the "worst ever" economic crisis in Srilanka, and the Big One of all, the "slow-motion" crisis in China, there is any … Continue reading Does Anyone Feel Like It Is 1991 Again?? Some Amateur Crystal Ball Predictions On The Months Ahead!!
The British Intelligence Agency, MI5, once warned policymakers that the United Kingdom was "just four meals away from anarchy". Made in the context of anticipating societal disorder and unrest in case of a Black Swan event (low probability, yet, high impact), this cautionary warning is indeed applicable to every country, worldwide. In essence, nations can … Continue reading British Intelligence Warns “We are Four Meals Away from Anarchy”!! Srilanka proves that!!! Can It Happen in India Too??