Economy

BREAKING THE DEBT SUPERCYCLE

ATIF MIAN MARCH 2024 CREDIT: ANDRE LAAME/SEPIAENGLISH  Dependence on credit to boost demand imperils the world economy—we must correct the underlying imbalances Nature requires balance—between predator and prey in the jungle, between the push and pull of planets in orbit, and so on. The economic system is no different; it […]

Israel. War-battered economy plunged almost 20%, marking sharpest contraction since pandemic

With the outbreak of the war, private consumption and investments dropped sharply, while government spending soared amid massive reservist callup and wide population displacements By SHARON WROBEL FOLLOW19 February 2024, Families of Israelis held hostage by Hamas terroriststake cover as a siren alert is sounded at the ‘Hostage Square’ outside the Art […]