THE LONESOME DEATH OF ALEXEI NAVALNY / PROJECT SYNDICATE

The Lonesome Death of Alexei Navalny From leading protests against the rigged parliamentary elections of 2011 to investigating the corruptio...

THE COMING TAIWAN CRISIS / PROJECT SYNDICATE

The Coming Taiwan Crisis When US President Joe Biden was asked last September whether American forces would defend Taiwan from a Chinese att...

THE DANGER OF FORGETTING THE 2023 BANKING CRISIS / PROJECT SYNDICATE

The Danger of Forgetting the 2023 Banking Crisis Apart from die-hard libertarians, no one seems to care much about the extent of the interve...

INFLATIONARY BIASES / CREDIT BUBBLE BULLETIN

Inflationary Biases Doug Nolan It was an illuminating week, especially Tuesday.  January’s CPI data confirm that inflation is anything but d...

WHY IRAN IS HARD TO INTIMIDATE / THE ECONOMIST

 America’s reverse-Goldilocks strategy Why Iran is hard to intimidate There are enough American troops in the Middle East to invite attacks,...

CREDIT CARDS COULD SWIPE DEPARTMENT STORES´ PROFITS / THE WALL STREET JOURNAL

Credit Cards Could Swipe Department Stores’ Profits Crackdown on late fees and more delinquent accounts poses a threat to Macy’s, Kohl’s, No...

HOW WILL THE WAR IN GAZA END? / PROJECT SYNDICATE

How Will the War in Gaza End? Hamas's growing popularity and influence means that it will be impossible to establish a legitimate Palest...

WHAT´S WRONG WITH THE SCHILLER CAPE BENCHMARK FOR MARKETS? / THE FINANCIAL TIMES MARKETS INSIGHT

What’s wrong with the Shiller Cape benchmark for markets? The ratio is wheeled out to support bold claims about future returns. It cannot be...

WHO OWNS THE GOLD? / MACLEOD FINANCE

Who owns the gold? MACLEODFINANCE An overlooked aspect of geopolitics is the defensive action taken by Asian hegemons and their close allies...