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EAM Jaishankar calls for greater cooperation among SCO nations
Global South shouldn't be saddled with unviable debt due to opaque initiatives: Jaishankar at SCO meet
On Thursday, External Affairs Minister S Jaishankar called for...
Is Austria headed for a recession?
Vienna
The moderate recovery of the Austrian economy in recent months is faced with yet another slowdown, a leading Austrian research institute stated on Wednesday.
In...
US Economy – At the Crossroads
Does US Fed know what lies ahead?
The pause by the US Federal Reserve in the June meeting while still indicating at least a couple...
Powell’s “Subprime is Contained” Moment
Bernanke got the subprime crisis wrong?
“Subprime is Contained” – Fed Reserve Chair Ben Bernanke, March 2007.
Bernanke, the then Chair of the Federal Reserve had...
Why 2023 has to be worse than 2008
US housing market
2022 witnessed the US equity and bond markets enter a bear market. These are indeed long-term trends and while we might witness...
Powell hikes herald “the Minsky moment”
75 bps raise the right move by US Fed?
The 75 basis hike by the US Federal Reserve on June 15th was quite extraordinary for...
2022 – It is different this time
Most frightening decades ahead
Regular readers should by now understand that we are looking at one of the most frightening decades ahead. Whether it is...
Is the world about to be Weimared?
The word “Weimar Republic” is usually associated with two major events:
Hyperinflation of the German Papiermark between 1921 and 1923.
The rise of the...
India’s inflation and interest rates through these past 10 years
1. Introduction:
The goal of what follows here is to explain that, contrary to the common perception, the interest rates in India are not high...
Are we at the Inception of an Inflationary Depression?
The Great Depression was deflationary and the one we are living in the early stages of is going to be inflationary
It is an acknowledged...