The past weeks have been turbulent times for global stock markets. Russia’s war in Ukraine caused global energy and food crises on top of the horror it brought to the Ukrainian people. The war and the COVID-19 crisis have disrupted global supply chains, significantly affecting the production of [...]
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Around the globe governments spent massively to soften the effects of Covid-19 on their economies. They spent a combined total of $16 trillion in the year to April 2021, according to the International Monetary Fund. As a result, debt-to-GDP ratios have risen. Globally, the debt-to-GDP [...]
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In the flurry of hot takes on the GameStop adventure, three common features emerge. First, almost everyone agrees, this is so much fun! That a Reddit community of amateur traders could take on a big hedge fund and win – at least temporarily – is cause for a roaring gotcha. Second, the [...]
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Following the 2007/08 financial crisis the creation of a less unequal and fairer world appeared to be a major prospect. As is by now all too familiar, after the financial crisis, instead of becoming more progressive, societies turned out to be more unequal, with inequalities and asset-based [...]
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