Contemplating the Ramifications of a Slowdown
Last Friday’s trade war escalation may not be substantial in terms of GDP impact but could indicate a turn in the ongoing trade disputes and may inflict significant damage in business, investment, and consumer confidence. Such particular development in the midst of an...At the Crossroads called Hellespont: Recessionary Fears Meet Unapologetic Optimism
The year was 480 B.C.E. and Xerxes (Persia’s king of kings) had gathered his troops and his fleet in the place known as Abydos, a town on the Asian side of the Hellespont, where two continents (Asia and Europe) meet fours seas at a critical intersection where the...Another Perspective on the Recent Market Turmoil: Squandering the Stewardship of the International System
T.S. Elliot pronounced that Virgil’s Aeneid was a universal classic since the poem reflects the foundation of how you create and preserve a world system. The Aeneid displays in a powerful way the role that Rome played as a steward of such an international system. One...The Compounding of Risks: Trade Wars in the Midst of Cheapening Currencies
The risks of an economic slowdown is compounded by trade war rhetoric, a Brexit without a deal, the reduction of short-term rates (Asian central banks lowered their rates in the last couple of days) and the talk about ECB’s new round of monetary stimulus, the...Sign Up for Our Publications
