Finances

The myth of the commodity shock: global money supply is soaring again

Finances Daniel Lacalle - April 20, 2026.

Global money supply is soaring again, while money velocity remains depressed and uneven across regions. This highlights a key point: commodities transmit relative price signals, but...

Iran War has increased Africa's debt burden

Finances Vera Songwe - April 13, 2026.

One month of war in Iran has added nearly $4.4 billion to Africa’s annual debt burden, enough to build a gigawatt of solar power or...

Are the chances of another financial crisis increasing under Trump?

Finances Kenneth Rogoff - April 4, 2026.

If you had asked me six months ago about the risks of another massive financial crisis in the United States, I would have said it...

Private debt: the next crisis looming over the global economy

Finances Daniel Lacalle - March 16, 2026.

Investors are concerned about the Iran war and its impact on the economy. This is something that has been well analysed. However, we must remind that...

Bitcoin - worthless speculative asset or a true monetary alternative?

Finances Daniel Lacalle - February 23, 2026.

The recent correction in Bitcoin has created a familiar debate. Is it a worthless speculative asset or a true monetary alternative? At $67,000, the price...

Is a BRICS currency feasible, or still a fantasy?

Finances Jim O'Neill - February 13, 2026.

Could the BRICS (Brazil, Russia, India, China, South Africa) ever launch a shared currency to challenge the US dollar’s dominant position in the world economy? Like...

Will policymakers wake up before the crypto apocalypse?

Finances Nouriel Roubini - February 4, 2026.

A year ago, the most pro-crypto president in US history had just returned to power after pandering to clueless retail crypto investors and receiving massive...

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