Sorry, we’ve run out of ammo
June 18, 2022Inflation and deflation lead to the same conclusion: the loss of buying power. Up until the very recent past, deflation was caused by outsourcing to developing nations combined with rising global debt levels. Having tried – sometimes desperately – to revive inflation, the central banks got more than they’d bargained for but were also…
Hunger Games
May 8, 2022Hyperglobalisation has killed us off! It makes us irreversibly dependent on each other on a global scale, so much so that punitive sanctions placed on a medium-sized country now have an impact on production chains on the other side of the planet, ending up working against those who decreed them. The Russia campaign is…