Category Archives: Globalization

NOPEC Bill Would Mean the End Of Aramco and OPEC as We Know Them

The US is seriously considering yet another self-destructive move: bringing the Saudis to heel via a frontal legal/sanctions attack on OPEC.

Central Bank Myths Drag Down World Economy

Central bank dogma over inflation is pushing the world economy into recession, with many dire consequences for poorer countries.

EU Imposes Secondary Sanctions on Russian Steel in Eighth Sanctions Package. Is Türkiye the Target?

the EU using an obscure steel secondary sanction to whack Türkiye?

Satyajit Das: The Financial Party Is Coming to an Abrupt End

There seems to be no escape from looming economic and financial problems, but the officialdom will do it best to delay the reckoning.

A Tale of Tier 3 Cities in China

The stock of real estate in China is now quite large for what is still a lower-middle-income country.

The Inevitable Financial Crisis

We’re again in the Wile E Coyote phase of a financial crisis, but this time, the real economy problems are far worse than in 2008.

Free Market Genocides: The Real History of Trade

How so-called free trade has often brought large scale death, sometimes by design.

Satyajit Das: Emerging Market Crisis Pathologies

Why emerging markets look set to suffer a world of hurt.

Russian Aviation Industry Corrects Yeltsin Yaw – Boeing, Airbus Ditched

Russia is moving ahead with aviation import substituion. In theory, this should be within Russis’s grasp. But what about timelines and costs?

1980s Redux? Developing Countries See New Context, Old Threats

s rich countries raise interest rates, developing countries face slowdowns, inflation, higher interest rates, more costs and debt distress.

How France Underdevelops Africa

Most French colonies in Africa became independent in the 60s. But most are in poverty, much worse off than other African economies.

Saudi Arabia New Output Cuts Threat Is Another Blow To Washington

Saudi Arabia in concert with OPEC+, as in Russia, looks to be sticking to its promise to cut output if oil demand softened.

Will Europe Go Down to Defeat Before Ukraine?

Europe has succeeded in hurting itself to hurt Russia, to the degree that a full bore economic and financial crisis seems inevitable.

Ilargi: EU – Controlled Demolition

Puzzling why the EU seems determined to drive itself off a cliff.