So the great pivot to loosening is in play, which I forecast would happen in June. Staring down the double barrel of a systemic crisis, a sovereign bond crisis, and collapsing GBP, the Bank of England capitulated on September 28 and reverted to buying gilts. The tightening until it breaks mantra to fight inflation did not take long for the tough-talking inflation-fighting Hawks to step out of the ring as soon as they saw a knockout...
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The world order cycle could be where the highest risk for investors lurks. The world order cycle moves from a unipolar world to a bipolar world back to a unipolar world and repeats. So the world order is cyclical or non-linear and can take a century or more to complete. What is the definition of a unipolar world in the world cycle? Unipolarity is a condition in which one state under the condition of international anarchy enjoys a...
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The worst policy-driven energy hyperinflation could unfold as the northern hemisphere tilts towards winter. Collapsing living standards can be attributed to energy hyperinflation. Food bank demands are already spiking in advanced economies. In Northern Texas, the hungry people and unemployed lines outside the food banks are worse than a few years ago during the lockdowns. Trisha Cunningham, CEO of NTFB, told CBS News that demand...
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