Japan, with its huge debt and the yen’s slide, is bidding to be the star of the biggest economic and financial crisis in human history. The political career of Japanese Prime Minister Sanae Takaichi is sinking almost as fast as the yen these days — and the two developments are closely linked. The yen has …
Tag: economy
Trump tariffs cost US households and businesses $100 billion a year
The new tariffs imposed by the administration of US President Donald Trump are expected to cost American consumers and businesses more than $100 billion annually, according to new economic estimates, as Washington escalates its protectionist trade policy again. The new tariff policy is being implemented at a time when international markets are already being tested …
Inflation (CPI) and GDP of an economy do not show the true picture that prevails in society
Inflation and GDP, two key economic indicators, are often presented as objective measures of well-being, but their interpretation is not always as neutral as it seems. In the public economic narrative, their use has at times led to distortions that affect the perception of real purchasing power and growth. Milton Friedman’s critique is gaining renewed …
China is gradually abandoning American debt, fearing a collapse of the US economy
For the first time since the end of World War II, the dollar is no longer seen as the sole and undisputed foundation of the international economy. It is not yet a collapse. But it is a gradual erosion of confidence that is spreading from the world’s largest economies to the central banks of emerging …
The world is moving from a regime of deflationary globalization to a regime of geopolitical inflation
Investors around the world continue to act as if the AI boom is more important than the bond market. And they are giving US President Donald Trump the opportunity to counter the high gas prices with record performance on Wall Street – where the richest 10% of households own 90% of the stock market. The …
Risk of hyperinflation in the US – The Persian Gulf Kingdoms will not buy surplus dollars, but yuan
Geopolitical developments affect the global economy in real time and the US no longer has the power to deal with the consequences of the crises it causes. We are already in a new era and the war with Iran is probably the last one that America makes as a superpower. Although the stock market has …
USA: The real economy is collapsing, while the historic highs of the stock market show a false picture
President Trump’s panic about the unpleasant situation he faces and the risk of losing his position, comes from the real economy and specifically from the high cost of living with gasoline reaching $4.50 a gallon. The high cost of living for American citizens and the collapse in the polls forced President Trump to cancel Project …
Issuance of Eurobonds worth 4,5 trillion euros is required for Europe’s strategic autonomy
The only obstacle and most important to the issuance of Eurobonds that will finance the EU’s strategic autonomy is Germany. The only major country in the Eurozone with an “excellent” credit rating (AAA) refuses to accept joint borrowing and the issuance of the Eurobond. To achieve the strategic autonomy of the Old Continent requires three …
Turkey’s Economy is collapsing
The Turkish economy is facing an unprecedented crisis, as noted, inflation has skyrocketed to record levels, with a huge deviation from forecasts. This unfavorable situation has caused a wave of business closures and intense social and economic instability in the country, with Recep Tayyip Erdogan being called upon to take immediate measures. In particular, after …
The explosion of inflation will cause social explosions and the collapse of the political system
Consumers increasingly find themselves receiving inferior goods and services at higher prices. Living standards have declined significantly in recent years, and the trend is worsening, fueling simmering social anger. Yet for the elite that dominates opinion-forming, it is business as usual as consumption is accelerated by the 10% of those connected to Wall Street who …