by John E. Charalambakis | Jul 18, 2023 | Commentaries
Is there a Kantian Categorical Imperative for change in the international reserve system? A recent article by Bloomberg had the following introductory note: “All around the world, a backlash is brewing against the hegemony of the US dollar. Brazil...
by John E. Charalambakis | Jun 22, 2023 | Commentaries
Reflecting over the last three years leaves us with a puzzling enigma: Is this a different world and a different market than the one we were facing in 2019? Unequivocally, the answer is yes, given the pandemic, along with the fiscal and monetary responses to it, the...
by John E. Charalambakis | Jun 7, 2023 | Commentaries
With the debt ceiling debacle behind us we are closing this series, as we are of the opinion that a new cycle for the American and the global economy is starting. The starting premise of this last commentary is that we need to view economic transitions in cycles that...
by John E. Charalambakis | May 22, 2023 | Commentaries
Could Puccini’s opera Tosca (based on Sardou’s dramatic play La Tosca) be the prolegomenon of the debt limit debacle? There are plenty of twists in both the play and the libretto, and Puccini is a master of dramatizing those twists. How in the world could a reasonable...
by John E. Charalambakis | May 4, 2023 | Commentaries
Upon return from Troy, Agamemnon is killed by his wife Clytemnestra. Orestes and his sister, Electra, are resolute on killing their mother and her lover, both of whom are thirsty for power. Now, Clytemnestra is having a dream where she gives birth to a serpent. The...