Biden Tries To Climb Down From Ukraine Ledge

The Biden administration vastly underestimated the inflationary impact of the $6 trillion Covid stimulus package, which began under Donald Trump. It also underestimated the resilience of the Russian economy and the capabilities of the Russian military. Read More Here

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Why The NFT Market Will Collapse

Prices of non-fungible tokens remain high for now and may continue to increase for some time, but a crash will come. With central banks set to tighten monetary policy in an effort to rein in inflation, new and untested asset classes are likely to be punished harder than more reliable ones. Read More Here

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A Disrupted Global Recovery

The continuing global recovery faces multiple challenges as the pandemic enters its third year. The rapid spread of the Omicron variant has led to renewed mobility restrictions in many countries and increased labor shortages. Supply disruptions still weigh on activity and are contributing to higher inflation, adding to pressures from strong demand and elevated food […]

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Regime Change In The Global Economy

After helping to drive decades of development and modernization in emerging economies, the twentieth-century economist W. Arthur Lewis’s Nobel Prize-winning growth model can now be applied to the entire world. Unfortunately, what it shows is that we are heading into a period of deep uncertainty and supply-constrained growth. Read More Here

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