What's the matter with Millennials? First, they quit their jobs en masse, in what was dubbed The Great Resignation. Next, they refused to work over and beyond their basic expectations in what is now being termed as Quiet Quitting, or the practice of taking it easy at work. Moreover, Millennials are also at the forefront … Continue reading What’s With The Millennials? Quiet Quitting, The Great Resignation, And Now, Moonlighting! Slackers Or Pioneers Of A New Era Of Work And Life?
The latest news from Russia is that Vladimir Putin has ordered "partial mobilization, " meaning that any Russian adult can be called upon to enlist in the army to serve the nation in its wartime efforts. While this falls short of conscription, this latest move goes far beyond what Putin has been doing. The announcement … Continue reading Putin Orders Partial Mobilization, Biden Vows To Defend Taiwan As Xi Flexes His Muscles! Are We Headed To A “Nuclear Winter”?
Is India@75 an aspiring economic powerhouse or a middling power "plodding along" and "muddling through" a steady stream of crises, unable to reach its potential? Well, one would undoubtedly believe the former if one were to go by the media spin and the propaganda unleashed almost hourly and amplified by the many "cheerleaders" in all … Continue reading India@75: An Aspiring Powerhouse Or A Middling Power, Plodding And Muddling Along?
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
Another recession is on the horizon. What's new, one might say, especially when booms and busts are regarded as capitalism's "natural" trend cycles, which keep repeating. For the last five decades, "everyone and their dog" have put their faith and money in the neoliberal way of ordering economies and societies. So, it is not fair … Continue reading Another Recession Looms! Yawn! Deja Vu! And Why It Would NOT Be “Different” This Time
Ok! Donald Trump said it first! The Global Economy is headed into a New Great Depression! At a rally in Arizona last night, Trump "predicted" that the US Economy is approaching levels of distress not seen since the 1930s when the Great Depression eviscerated the nation. While I do not intend to debate the merits … Continue reading Ok! Donald Trump Said It First! A Moron’s Guide To The Looming Depression Ahead For The Global Economy.