Economy

China has mandated a strict “zero COVID” policy since the onset of the global pandemic, which has led to tight lockdowns across the country whenever cases have started to spike and these cautionary measures have had far-reaching impacts on China’s economy, especially on its supply chain and logistics operations.

The global economy is perched on the edge of an abyss, and averting our gaze doesn’t actually lessen the risk, it increases it because problems which aren’t faced directly and addressed directly fester and rot the system from within.

[This article takes] a look at the state of the U.S. economy by assessing the tightness of the "economic screws" (i.e. the key economic metrics) that hold the economy together [and concludes that, despite the slowing growth rate of the economy, the majority of the important economic screws remain tight enough to prevent a recession and to keep the stock market from falling into a bear market. [Let me explain.] 

18,760 cryptocurrencies are being traded on 500+ exchanges. but If something similar to the dotcom bubble were to burst right now, 99.99% of these “sh*tcoins,” as they’re called, would disappear overnight.

The March 2022 Consumer Price Index was released earlier today (April 12, 2022), and it is being reported as being an 8.5% rate of inflation when compared to the March 2021 CPI number...but that was before the Ukrainian War. The War and sanctions have produced...inflation primarily related to energy and food for now, but...if we annualize this...then this becomes a 15.4% annual rate of inflation...This is an extraordinary leap in inflation

Every few years, the World Bank takes on the task of measuring the world's wealth that include endowments of nature, ranging from wilderness to oil wells, as well as the human capital embodied in the education and skills of its people, in addition to the more traditional measurement of based on the value of houses, or the stock market, or retirement accounts.

A definition of fiat currency and what smart investors need to know about it.

The proverbial...hit the fan here and it is going to result in reduced shipments out of China, further exacerbating supply chain issues around the world. In addition, the economic and social impact on China's population is becoming severe. Here is what has been happening here for the past few days.

The next few weeks in China should be interesting: if a COVID-19 break-out occurs in mainland China like it already has in Hong Kong the effect could be catastrophic!

In response to Russia’s 2022 invasion of Ukraine, the U.S. and EU have imposed heavy sanctions aimed at crippling the Russian economy. However, these bold actions also come with some potentially messy complications: