From Great Moderation To Great Stagflation

For decades, relative global stability, sound economic-policy management, and the steady expansion of trade to and from emerging markets combined to keep costs down. But now all these conditions have been overturned, and the world is settling into a dangerous and destabilizing new regime. Read More Here

Rate this:

Yes, The US Economy Is Likely In Recession

The release of data showing that the US economy has contracted for two quarters in a row has triggered an intense semantic debate among economists, pundits, and political operatives. The Biden administration and many commentators are at pains to deny that the US is in a recession, but history is not on their side. Read […]

Rate this:

Pakistan’s Coming Collapse Should Worry The World

For Pakistan, it is a perfect storm. At the end of Pakistan’s fiscal year on June 30, 2022, its trade deficit neared $50 billion, a 57 percent increase over the previous year. Had the Shehbaz Sharif government not banned the import of more than 800 non-essential luxury items in May 2022, the figure might have […]

Rate this: