Category Archive: 5) Global Macro

No longer a question of “if” or even “when”, instead “how long” and “how bad.”
We have big and growing economy problem on our hands, one that is confirmed more every passing day by ominous, persistently negative developments. Yet, when you examine a specific class of data, you see none of this.
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Macron-Scholz meet in Paris: Macron says sending tanks to Ukraine must not escalate the crisis
German Chancellor Olaf Scholz is in Paris to meet French President Macron. The French President said that sending tanks to Ukraine must not escalate the crisis.
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Self-Reliance in the 21st Century Audiobook Preview By: Charles Hugh Smith
Hear it Here - https://adbl.co/3iJOonl
Just as no one was left unaffected by the rise of globalization, no one will be unaffected by its demise. The only response that reduces our vulnerability is self-reliance.
When Ralph Waldo Emerson wrote his famous essay Self-Reliance in 1841, the economy was localized and households supplied many of their own essentials. In our hyper-globalized economy, we’re dependent on distant sources for our...
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Ukraine pledges crackdown on corruption, dismisses deputy minister over allegations | WION
Ukraine’s President Volodymyr Zelenskiy said that corruption, the country’s chronic problem cast into the background by the war against Russia, would not be tolerated and promised forthcoming key decisions on uprooting it.
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They always get it wrong. This time is no different and here’s the proof.
What if the world's most powerful institution is actually nearly powerless? If that was true, it wouldn't sound any different from what came out of the mouth of its most famous leader. The truth has been blocked out even though the proof has been right there out in the open this entire time.
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WION Fineprint | War in Ukraine: Ukraine asks for special tanks ahead of Russia’s new assault
For 11 months, Ukraine's western allies have have said support will continue as long as it takes but now it appears it has some unsaid conditions. Before Russia launches some new assault over Ukraine, President Zelensky wants to be ready with his defence.
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UK donates helicopter to Ukraine, Germany says ‘in close dialogue’ with partners on issue of tanks
Defence Minister Oleksii Reznikov said on Jan. 21 that Sea King helicopters donated by the U.K. have arrived in Ukraine. Reznikov didn't specify the number of helicopters obtained. “It is a strong reinforcement for the Ukrainian Navy.
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Report: New German defense minister planning to visit Ukraine soon | English News | WION
As per reports, Germany’s new defense minister Boris Pistorius plans to visit Ukraine soon, as Berlin faces pressure to allow the shipment of German-made tanks to Ukraine.
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How to make poor areas richer
Many people in the rich world are feeling the pinch, particularly in its poorest regions. As the cost of living rises, how can such “left behind” areas be made richer?
Film supported by @mishcondereya
00:00 - How can rich countries address regional inequality?
01:10 - How did regional inequality emerge?
04:45 - How local politicians can help close economic gaps
06:20 - Why making poorer areas better off is a priority
07:30 - How this German city...
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Want to Know Where the Economy Is Going? Watch The Top 10%
Should the wealth effect reverse as assets fall, capital gains evaporate and investment income declines, the top 10% will no longer have the means or appetite to spend so freely. Soaring wealth-income inequality has all sorts of consequences.
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War, oil price cap to weigh on Russia’s budget; Moscow likely to hike tax
Russia's budget has become too reliant on oil income to cover expenses, warned economists and said that if crude prices do not rise as anticipated this year, the government may be forced to increase taxes, showed a Reuters report.
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Russia-Ukraine war live: Why is Russia replacing its top military commander in Ukraine again? | WION
Facing multiple setbacks, Russia replaces top General in charge of the War in Ukraine. The Chief of General Staff now becomes the overall commander for the active conflict. Watch this live to track all details.
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WION Fineprint | Putin publicly rebukes deputy Prime Minister
Russian President Vladimir Putin has publically rebuked the Russian Deputy Prime Minister. Russia has also replaced the commander in charge of the war in Ukraine.
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Energy crisis: what can 1973 teach us?
Alongside his invasion of Ukraine, Vladimir Putin has throttled gas supplies to Europe—but the world has seen energy used as a weapon before. What can the energy shock of 1973 tell us about today’s crisis?
00:00 - Energy wars
02:12 - Oil sanctions don’t work
06:59 - Energy security
11:05 - Alternatives to oil
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To read more on the war in Ukraine: https://econ.st/3k6ILzE
How...
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What’s Behind the Global Erosion of Civil Liberties, Privacy and Property Rights?
The second essential step is to recognize how the spectacles of "news" and entertainment distract our attention from this erosion of basic rights. Hierarchical power structures like city-states arose as problem-solving solutions, not just for the elites who benefited from the concentration of wealth and power but for the citizenry.
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What if the "Black Swan" of 2023 Is the Fed Succeeds?
If the Fed succeeding is a "Black Swan," bring it on. What if the "Black Swan" of 2023 is the Federal Reserve succeeds? Two stipulations here: 1. "Black Swan" is in quotes because the common usage has widened to include events that don't match Nassim Taleb's original criteria / definition of black swan; the term now includes events considered unlikely or that are off the radar screens of both the media and the...
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The Roundtable Insight – Charles Hugh Smith on Eroding Civil Liberties and Property Rights
Support us on Patreon - https://www.patreon.com/roundtableinsight
http://financialrepressionauthority.com/2023/01/06/the-roundtable-insight-charles-hugh-smith-on-eroding-civil-liberties-and-property-rights/
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Weekly Market Pulse: The Consensus Will Be Wrong
What’s your outlook for this year? I’ve heard that question repeatedly over the last month and if you’re reading this hoping I’ll let you have a peak at my crystal ball, you’re going to be disappointed. Because I don’t have a crystal ball and neither, I hasten to add, does anyone else in this business.
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What the trigger for equities will be. It’s not really about the Fed.
The 'soft landing' is on the table at NYSE. December payroll data kept the hope alive. But is it really? Growing weight of evidence - not to mention totally different interpretation of same across many other markets - strongly implies it isn't.
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