Category Archive: 5) Global Macro

War in Ukraine: Kyiv fights back | The Economist

As Russian troops advance towards Kyiv, Ukrainian forces are preparing to fight back. Our correspondent reports with the latest from Kyiv. 00:00 - Kyiv prepares to fight back 00:42 - Tank traps and Molotov cocktail factories 01:42 - Exodus from Kyiv 02:39 - Life in the city 03:20 - Morale remains high in Kyiv 03:50 - Zelensky: an inspiring wartime leader 04:34 - Social media inspiring the citizens 05:35 - What will happen next? Read all our...

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SWIFT Isn’t The ‘Nuclear Option’ For Russia, Because Russia can sell the dollars elsewhere and NOT via Swift

As everyone “knows”, the US dollar is the world’s reserve currency which can only leave the US government in control of it. Participation is both required and at the pleasure of American authorities. If you don’t accept their terms, you risk the death penalty: exile from the privilege of the US dollar’s essential business.From what little most people know about that essential business, it seems like it has something to do with that thing called...

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Briefing Even More Inventory

Retail sales stumbled in December, contributing some to the explosion in inventory across the US supply chain – but not all. Inventories were going to spike even if sales had been better. In fact, retail inventories rose at such a record pace beyond anything seen before, had sales been far improved the monthly increase in inventories still would’ve unlike anything in the data series.

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Could Putin really start a nuclear war? | The Economist

After invading Ukraine nearly a week ago, Putin has now ordered Russia’s nuclear forces to be on high alert. Shashank Joshi, The Economist’s defence editor, answers questions on whether the war in Ukraine could escalate into a nuclear conflict. 00:00 - Putin has raised the stakes 00:40 - Is Putin threatening nuclear force? 01:23 - What does Putin hope to achieve? 02:07 - How has the West responded so far? 03:11 - Are Putin’s threats posturing or...

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Geopolitics and Degrowth

The Geopolitics of Degrowth holds that real power flows not from waste, centralization and coercion but from decentralization, relocalization and the free flow of value. Conventional geopolitics is all about more: more military power, more sanctions, more coercion, more influence. The Geopolitics of Degrowth is all about the the power of less: wasting less, consuming less, needing less from other nations, reducing dependence on rivals,...

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War in Ukraine: what will happen next? | The Economist

Russia’s war in Ukraine is likely to be Europe's most intense conflict since the second world war. What might happen next? And what will this war mean for the world? Our experts answer your questions. Read our coverage of the war in Ukraine: https://econ.st/3pcnVPl Sign up to our daily newsletter to keep up to date with the latest developments: https://econ.st/3sezh7h What’s happening in Kyiv? Watch our correspondent’s take:...

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Our Financial System Is Optimized for Sociopaths and Exploitation

Let's call this financial system what it really is: the MetaPerverse, a conjured world of self-serving cons. We live in a peculiar juncture of history in which truth has been banished as a threat to the maximization of private gain, i.e. the hyper-pursuit of self-interest. Evidence that supports a causal chain has been replaced by cherry-picked data that supports a self-serving narrative: both the evidence and narrative are manufactured to serve...

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War in Ukraine: what’s happening in Kyiv? | The Economist

Vladimir Putin has ordered Russian troops to invade Ukraine. What’s happening now and how will the war unfold? The Economist’s correspondent, Richard Ensor, reports from the Ukrainian capital, Kyiv. Read our coverage of the Ukraine crisis here: https://econ.st/3pcnVPl Sign up to our daily newsletter to keep up to date with the latest developments: https://econ.st/3sezh7h Will war in Ukraine lead to a wider cyber-conflict?...

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The Red Warning

Now it’s the Russian’s fault. Belligerence surrounding Donbas and Ukraine, raw materials and energy supplies to Europe threatened by Putin’s coiled bear. Why wouldn’t markets grow worried?There’s always a reason why we shouldn’t take these things seriously, or quickly dismiss them out of hand as the temporary product of whichever political fear-of-the-day.

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Our Leaders Made a Pact with the Devil, and Now the Devil Wants His Due

The unprecedented credit-fueled bubbles in stocks, bonds and real estate are popping, and America's corrupt leaders can only stammer and spew excuses and empty promises. Unbeknownst to most people, America's leadership made a pact with the Devil: rather than face the constraints and injustices of our economic-financial system directly, a reckoning that would require difficult choices and some sacrifice by the ruling financial-political elites,...

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Green building: can mushrooms help? | The Economist

The construction industry is responsible for 11% of the world’s man-made CO2 emissions—due to its reliance on concrete and steel. What alternative materials could be used in the future? Film supported by @Infosys 00:00 - What are some sustainable alternatives? 00:31 - Why is construction bad for the environment? 01:08 - The problem with concrete 02:00 - Promising alternatives to concrete 03:07 - Can mushrooms help construct buildings? 04:09 - The...

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Russia and Ukraine: how will the West react? | The Economist

A Russian invasion of Ukraine could be imminent. What is at stake and how will the West respond? Shashank Joshi, The Economist's defence editor, answers your questions. 00:00 - What’s happening in Ukraine? 01:10 - Is Putin bluffing? 02:08 - Is Ukraine prepared for conflict? 03:00 - What’s at stake for both Ukraine and Russia? 04:00 - How would an invasion impact the world? 05:09 - Does this situation threaten peace elsewhere? 06:25 - How should...

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How AI can make health care better | The Economist

AI has the power to transform health care. From more efficient diagnoses to safer treatments, it could remedy some of the ills suffered by patients. Film supported by @Maersk 00:00 - Can AI help heal the world? 00:45 - How can AI spot blindness? 04:01 - Protecting patients’ privacy 05:10 - How to share medical data safely 06:11 - Medical AI is rapidly expanding 08:02 - What do the sceptics say? 08.36 - Using AI for new medical devices 11:08 -...

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How to make computers less biased | The Economist

You might think technology is the great leveller. But as AI and other data-driven innovations race farther and faster ahead, the automation of racial bias is causing growing concern. 00:00 - Can technology be racist? 00:50 - Bias in facial-recognition tech 03:50 - Why do data discriminate? 05:50 - What can be done? 07:00 - How can regulations help? Sign up to The Economist’s daily newsletter to keep up with our latest stories:...

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Disputed Borders: Russia v Ukraine | The Economist

Vladimir Putin has already annexed Crimea and plunged Donbas into war. Now, he has amassed 100,000 troops at the Ukrainian border. Why can’t Russia leave Ukraine alone? 00:00 - The world’s eyes are on Ukraine 00:55 - Russia and Ukraine’s shared history 02:08 - Caught between Russia and the West 04:04 - Ukraine’s post-independence struggles 06:30 - Putin’s domestic issues 07:47 - Will Putin invade Ukraine? Find The Economist’s coverage on...

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How Empires Die

When the state / empire loses the ability to recognize and solve core problems of security and fairness, it will be replaced by another arrangement that is more adaptable and adept at solving problems. From a systems perspective, nation-states and empires arise when they are superior solutions to security compared to whatever arrangement they replace: feudalism, warlords, tribal confederations, etc.

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NFTs: are they worth the hype? | The Economist

In the past year a new trend in the crypto world has boomed: NFTs, or non-fungible tokens. They started as a way for digital artists to have ownership over their work but have transformed into a dizzying new multi-billion-dollar marketplace. Are they worth the hype? 00:00 - Are NFTs worth the hype? 01:38 - How to sell an NFT 03:24 - Where did NFTs come from? 04:51 - Why are NFTs so popular? 05:45 - NFTs in the artworld 07:04 - The risks in buying...

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Weekly Market Pulse: Are We There Yet?

I’ll just get this out of the way right at the beginning. The question in the title of this post refers to the end of the ongoing stock market correction and the answer is likely no. There are no sure things in this business so it isn’t an unequivocal no, but based on history, the odds favor more weakness.

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FOMC Goes With Unemployment Rate While This Huge Number Happens To Far More Relevant Economic Data

The first time I can consciously remember using the term landmine was probably here in February 2019. I had described the same process play out several times before, I had just never applied that term. There was all sorts of market chaos in the final two months of 2018, including a full-on stock market correction, believe it or not, leaving the inflation and recovery narrative in near complete tatters.

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After Today’s FOMC, Yield Curve Is Already As Flat As It Was In Mar ’18 **Without A Single Rate Hike Yet**

It’s not hard to reason why there continues to be this conflict of interest (rates). On the one hand, impacting the short end of the yield curve, the unemployment rate has taken a tight grip on the FOMC’s limited imagination. The rate hikes are coming and the markets like all mainstream commentary agree that as it stands there’s nothing on the horizon to stop Jay Powell’s hawkishness.

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