Category Archive: 5) Global Macro

The universe’s biggest mystery

Dark matter and dark energy dominate our universe. They’re both highly mysterious, invisible and difficult to detect. So what are they, and how do we know they even exist? 00:00 - What is the universe made of? 01:53 - What is dark matter? 05:32 - What is dark energy? 08:54 - The future of the universe Sign up to our weekly science newsletter: https://econ.st/3GBhFJX Find all of our science and technology coverage: https://econ.st/3Z632FK...

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Time has run out and there’s no escaping what’s next.

Government officials and politicians, even stock market "analysts", these are the last people you want to depend on for useful macro analysis. What is dependable has been unmistakable if you haven't been distracted.

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Debt ceiling forces TGA down and bank reserves out. Is inflation about to make a comeback?

The Treasury's extraordinary measures to avoid breaching the debt ceiling includes winding down its TGA balance with the Fed. The unintended consequence is to raise the level of bank reserves at the same time the Fed is attempting to reduce them (QT).

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Ep 52 – Jeff Snider: Solving the Eurodollar Puzzle

Jeff Snider, Headmaster of Eurodollar University, joins the podcast to talk about the perverse complexities of the Eurodollar system. What even is a Eurodollar? Why was the system created?

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Weekly Market Pulse: A Fatal Conceit

Inflation* in the US is falling rapidly with the CPI rising just 0.9% in the second half of 2022 versus 5.4% in the first six months. Existing home sales are down 14.6% in the last 3 months and 34% over the last year. Housing starts are down 22% and permits are down 30% year-over-year. Orders for durable goods are down 1.2%, exports are down 3.8%, and imports are down 4.3% over the last 3 months.

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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 Sign up to The Economist’s daily newsletter: https://econ.st/3QAawvI 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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