The story continues from Part 1. Back to China…… 3 Comparison between the World’s Two Largest Economies A thermodynamic audit of China vs. the US and measuring civilizational rank in the 21st Century There are many ways to compare size of economies. The most common method is the nominal GDP, based on exchange rates of […]
1 The American Century 2 The Physical Economy 3 Comparison between the World’s Two Largest Economies 4 The AI Bubble 5 The Financial Equation 6 Conclusion How did the current global situation come to this point? To answer this question, we have to go a bit back to the end old World War 2, in […]
Quantitative Madness Here is where it began to go really bad. The largest Wall Street banks such as JP Morgan Chase, Wells Fargo, Citigroup or in London HSBC or Barclays, lent billions to their major corporate clients. The borrowers in turn used the liquidity, not to invest in new manufacturing or mining technology, but rather […]
1 The US bond market 2 Europe 3 Russia 4 Iran Introduction With the fall of the Soviet Union, the world was going to become a better place- according to the Rockefeller family. Just over 3 decades later, the celebratory mood looks positively deluded. The end of the Cold War brought not a peace dividend. […]
To understand what is about to happen, and why the US is so desperate to attack Iran at this present time, we need to go back to August 2019. What is the Repo Market? In September 2019, a critical but obscure part of the financial system broke. Overnight borrowing rates in the repo market suddenly […]
9 Pakistan First, Pakistan is the most viable overland access where the US can reconnect with Central Asia, which is rich in energy resources. As Russia is waging war in Ukraine and China is squeezing trade in the region, Washington requires other access points into Kazakhstan, Uzbekistan, Turkmenistan, and so on. The Central Asian countries […]
6 Iran “Potentially, the most dangerous scenario would be a grand coalition of China, Russia, and perhaps Iran, an “anti- hegemonic” coalition united not by ideology but by complementary grievances. It would be reminiscent in scale and scope of the challenge once posed by the Sino-Soviet bloc, though this time China would likely be the […]
The Baltics Russia uses the Baltic Sea for its maritime trade, like oil and gas. It also houses several naval bases, especially Murmansk- which also houses its Northern Fleet. Both London and New York are actively working to blockade the Baltic Sea, in order to curtail its exports. The second reason is to blockade its […]
1 BRICS – from an Economic Project to a Geopolitical Force 2 The SCO 3 Tariff Wars 4 Oil Wars 5 Russia 6 Iran 7 China 8 India 9 Pakistan 10 Brazil 11 Venezuela 12 South Africa 13 Commodities vs. Paper Money (aka the real economy vs. a parallel financial economy) 14 The Future of […]
5 Emergences of Two Divergent Trade Blocs How would a China-oriented trade bloc and a US-oriented one will differ and the implications of this for the world? China’s installed electricity capacity, see above graph, is astounding. Annual demand for electricity in China equals to 1 Germany a year, while production capacity increases by 2 Germany’s […]
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