The easiest way to understand global economic chaos is the once-in-a-lifetime devaluation of western currencies against the world’s energy and natural resources.
High inflation is often presented as something 'no-one could have seen coming'. This is not true. Years of 'superinflation' are the only way out of the Western debt Superbubble.
Some core economic realities can help us understand the war in Ukraine and what happens next
Populism rises as currencies fail. And the world's enormous debt-load means there's plenty more to come.
Reasons to be Cheerful: Eco-activists should welcome the failure of the US dollar as world reserve currency.
Today the People's Bank of China banned crypto transactions. The US and EU will likely follow.
Purchases, repatriations, audits … The world's central banks are increasingly interested in owning—and demonstrating ownership—of physical gold.
The most interesting economic question of 2020 involves Donald J. Trump (as usual)
Are the world's major producers of natural resources and manufactured goods plotting an alternative to the US dollar? Here's the evidence …