Ooh Lula La! Brazil Wants To Dedollarize Too https://t.co/UuoMALuJSk — zerohedge (@zerohedge) April 17, 2023 A Costly De-Globalization Is Underway, It Just Doesn't Look Like It Yet https://t.co/z8NLSaakUI — zerohedge (@zerohedge) April 17, 2023 Janet Yellen admits what many of …
DAVOS, Switzerland — A decade ago, political power brokers and corporate bigwigs gathered here in the Swiss Alps under an upbeat theme. It was a time for “resilient dynamism,” declared the organizers of the 2013 meeting of the World Economic …
by Charles Hugh-Smith The EU’s crisis isn’t limited to energy. It is a manifestation of the global breakdown of Neocolonialism, Financialization and Globalization. The European Union (EU) was seen as the culmination of a centuries-long process of integration that would finally …
by Charles Hugh-Smith Ponder what a clawback of the $50 trillion might entail, and the immense benefits of returning to producing quality goods and services by completely unwinding financialization and globalization. The happy story that’s been ceaselessly promoted for 45 …
Macro analyst/investment advisor Lyn Alden just released her August Investment Newsletter. Here is my pick of her article’s money quotes: Supply Chain Problems If the current inflation was purely based on supply chain issues, which are causing issues globally, then …
European banks are in a doom-loop, the same loop that Lehman was in. Core US Factory orders slide once again, the entire world is slowing, this is the [CB] economy imploding on itself. Tariffs do not increase the cost of …
by John Rubino The Baltic Dry Index represents the cost of renting an ocean-going container ship to move goods from, say, Chinese factories to the Port of Los Angeles. The more stuff being made and sold, the higher the demand …
by visualcapitalist Globalization has been a powerful force in shaping modern human history. The world economy has become increasingly connected and interdependent over recent decades, and conventional wisdom suggests that this will only continue in the years ahead. But while …
by Charles Hugh-Smith Nowadays, trade and “prosperity” are dependent on currencies that are created out of thin air via borrowing or printing. So here’s the story explaining why “free” trade and globalization create so much wonderful prosperity for all of …
from Financial Survival Network Jeff Ferry is Research Director at the Coalition for a Prosperous America. He writes “That for decades, economists have taught David Ricardo’s Law of Comparative Advantage as if it is an absolute law. But the tide is turning, as …
by Umar Farooq Are we going to see an end to the globalization phenomenon or will it persist for the next few years? Credit Suisse Research Institute has tried to answer this question in their report “Getting over Globalization”. The …
1) Flawed assumption on money and debt that led to 2008 2) Bad economics, neoclassical economics, that the whole project runs on and was used to design the Euro. I realised something was seriously wrong in 2008 and looked into …