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 […]
The story continues from Part 3 Moscow Goes East At the end of 2009, precisely as planned and to the surprise of Washington, Russia opened the East Siberia-Pacific Ocean (ESPO) oil pipeline, a 4-year construction project costing some $14 billion. The pipeline now allows Russia to export oil directly from its East Siberia fields to […]
Part 1 Several factors converged to start the colonial empires of Europe. In 1453, the Ottomans conquered Constantinople (Istanbul). The Silk Road transporting goods between east and west intersected Istanbul-which gave it a huge advantage in global trade. In 1493/5 the Muslims and Jews were thrown out of Spain, when the Christian ruler. Ferdinand defeated […]
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