Category Archive: 5) Global Macro

How are offices changing? | The Economist

The pandemic and hybrid working have changed the very idea of the office. This is not only changing the design and purpose of offices, but the look of cities too. Chapters 00:00 - The office: a shifting concept 00:57 - What do future offices look like? 02:30 - The office as a social destination 03:20 - The rising demand for flexible work 04:06 - How should hybrid employees be managed? 06:01 - Will hybrid work worsen gender inequality? 06:36 -...

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Nord Stream 1 supply to EU to be cut further, says Russia’s Gazprom | Latest English News | WION

The Russian state-controlled energy company Gazprom has announced a drastic cut to gas deliveries through Nord Stream 1 pipeline to Europe from Wednesday.

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There Won’t Be Any Winners Because The Status Quo Is Corrupt Everywhere

Systemic corruption on this vast scale optimizes failure and collapse. Debating which nations will "win" as the global economy unravels is a popular but pointless parlor game.Since the status quo in every nation is deeply, profoundly, systemically corrupt, there won't be any "winners," there will only be losers.

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What’s Truly Important? The Global Revaluation Is Accelerating

How much gold will you trade for a few eggs? It depends on how hungry you are. Two ideas will help us understand the rest of this tumultuous decade: core-periphery and the revaluation of what's truly important: systemic adaptability, transparency, accountability, risk, capital and resources.

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Ukraine works to resume grain exports, should begin again within days | World News | WION

Amid skepticism that the recent Russian strike on Ukraine's port city of Odessa might jeopardize the un-brokered grain deal. Kyiv and the United Nations have now offered a fresh ray of hope saying that the export of grains could start within days.

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In 1982 the Fed missed an opportunity; it still haunts us [Ep. 267, Eurodollar University]

On May 20, 1982 the Fed held an emergency conference call for which transcripts are missing (on purpose? by accident?) to solve the "Drysdale Problem". They 'solved' it by focusing on the trees and ignoring the forest.

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White House: Russia using annexation playbook in Ukraine

The Russia-Ukraine conflict is going to enter its sixth month. In the latest the White House has now said that Russia is forming plans to annex more parts of Ukraine repeating a similar playbook it used in 2014 annexation of Crimea.

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Russia-Ukraine War: Zelensky once again accuses Moscow of being a ‘terror state’ | English News

Ukrainian President Volodymyr Zelensky has once again accused Russia of being a 'terrorist state' after Moscow troops targeted the the port city of Odessa.

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Why the Labor Shortage Isn’t Going Away

It's getting hard to fill toxic low-pay jobs, and that's not going to change. The nature of work and the labor market are changing in ways few discern or perhaps are willing to discern because these changes are disrupting the exploitive system they want to remain unchanged. But refusing to discern change doesn't stop change.

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Putin, Erdogan discuss deal to resume Ukrainian grain exports | Latest English News

Russian President Vladimir Putin met his Turkish counterpart Recep Tayyip Erdogan and thanked him for mediation to help “move forward” a deal on Ukrainian grain exports.

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EU dependent on Nord Stream 1 for gas, ‘Gazprom will fulfill obligations,’ says Putin | World News

Russia is expected to restart the gas supplies via the North Stream One pipeline on time. This, as per the EU was preparing for Russia to delay the gas supplies after the North Stream One pipeline was shut down for its annual maintenance on July 11.

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The Real Policy Error Is Expanding Debt and Calling It "Growth"

Waste is not growth, and neither are the unlimited expansion of debt and speculative bubbles. The financial punditry is whipping itself into a frenzy about a Federal Reserve "policy error," which is code for "if the music finally stops, we're doomed!"

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Ask Bob: Is Maxing Out Your 401k A Good Investment Decision?

Since the beginning of 401(k) plans in 1978, people have considered it to be the quintessential retirement plan—you get to save money before taxes and in most cases, the company puts money into your account, too. What could be better than that? But now, 44 years later, it’s time to take a broader look at 401(k)s that considers taxes on 401(k) distributions.

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Yield Curve Inversion ‘Infection’ Spreading [Ep. 263, Eurodollar University]

The US Treasury yield curve continues to spread and has reached the 52-week bill. The Fed is being told by the market it will be CUTTING rates, soon.

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The global food crisis, explained

The war in Ukraine threatens the world with unprecedented hunger. Even with a deal in place to get Ukraine's food exports moving, serious weaknesses in the global food system would remain. Can anything be done to prevent future crises?

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The Only Real Solution Is Default

The destruction of 'phantom wealth' via default has always been the only way to clear the financial system of unpayable debt burdens and extremes of rentier / wealth dominance. The notion that the world could always borrow more money as long as interest rates were near-zero was never sustainable.

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Own These Assets To Survive The Bear Market

Hot inflation is crashing corporate profits, as consumer spending falls and the Fed's rate hikes make the cost of capital more expensive. As a result, stocks remain under pressure and bond default risks grow.

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Why Are Foreigners Happy with Bond ‘Losses’? [Ep. 262, Eurodollar University]

Foreign institutions have been merrily losing money on US Treasury holdings for years, buying high and selling low - are they insane? No, their investment behavior reveals that these bonds are used for managing risk, global systemic risk.

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Weekly Market Pulse: There Is No Certainty In Investing

Investors crave certainty. They want to know that there are definitive signals for them to follow as they adjust their investments to fit the current market and economy. They want to know that A leads to B leads to C. Tea leaf readers are always in high demand on Wall Street and they continue to find employment despite their almost universally dismal track record.

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Solar tech company aims to cut Germany’s reliance on Russian gas amid Ukraine war | Tech In Trend

Europe is facing a major energy crisis amid the ongoing Russia-Ukraine war. However, there is a Solar tech company named WeDoSolar that aims to cut Germany's reliance on Russian gas.

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