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Today when world is facing challenges, looming economic recession, broken supply chains, food and energy insecurity this calls for closer cooperation with the SCO, says Jaishankar

EAM Jaishankar calls for greater cooperation among SCO nations

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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?

Is Austria headed for a recession?

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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...
The probability for a much worse than the 1970s inflation or perhaps even hyperinflation in the US Dollar looks to be a very high one

US Economy – At the Crossroads

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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...
Quite unlike in 2008 when the US Fed denied the existence of the housing bubble, Powell has been more realistic this time around

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...
We are indeed at the end game for the US Dollar as it has existed in its unbacked form since 1971

Why 2023 has to be worse than 2008

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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...
There is virtually zero probability that this 75 bps hike would even moderately reduce the inflation numbers though this hike is big enough to guarantee the onset of the Minsky moment i.e. setting off an Inflationary Depression

Powell hikes herald “the Minsky moment”

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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...
Inflation | What we are living through is a very unique period and there is no precedence to a bubble built on fiat money in the asset classes of bonds, equities, and real estate unraveling one after another

2022 – It is different this time

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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...
Inflation | In this article, the author focuses primarily on the Hyperinflation aspects though the latter phenomenon is an inevitable consequence of the former

Is the world about to be Weimared?

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The word “Weimar Republic” is usually associated with two major events: Hyperinflation of the German Papiermark between 1921 and 1923. The rise of the...
Much like elsewhere worldwide, interest rates have been declining in India through the past decade.

India’s inflation and interest rates through these past 10 years

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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?

Are we at the Inception of an Inflationary Depression?

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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...

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