Tag: economy

Where is the Global Economy Headed in 2023?

Where is the Global Economy Headed in 2023?

Rising inflation is causing pain to hundreds of millions. Interest rates have gone up to curb inflation. Many countries are in trouble with rising deficits and debts. Rising interest rates have pushed the cost of both servicing and borrowing debt further, spelling trouble ahead.

Is the Reckless Swiss National Bank Endangering Its Independence?

Is the Reckless Swiss National Bank Endangering Its Independence?

To combat the persistent strength of its currency, the Swiss National Bank (SNB) expanded its balance sheet to more than $1.1 trillion (CHF 1.05 trillion; 1 US dollar = 0.94 CHF), earning the nickname “the world’s largest hedge fund.” Its attempt to influence exchange rates failed, and...

How Capital Eats Its Young

How Capital Eats Its Young

Capitalism’s endgame of harvesting the future is in play, now that markets value children’s attention as more valuable for revenue than for learning. There are possible solutions if we can first acknowledge the problem. A review of Dr. Susan Linn Who’s Raising the Kids? provides some clues to...

Debt, Inflation, and Floods Threaten to Drown Pakistan

Debt, Inflation, and Floods Threaten to Drown Pakistan

Catastrophic floods have further debilitated the economy of Pakistan from its already existing precipices. However, Pakistan is not awaiting the provision of alms as surmised by the developed world. Instead, it is reacting to instability sparked by the countries that are now prioritizing their...

This is Biden’s Inflation Plan‽

This is Biden’s Inflation Plan‽

US President Joe Biden has a grand plan to fight inflation. The trouble is that Biden’s plan is not much of a plan and it will certainly not curb price rises not experienced for decades. In fact, the president’s policies have proven to be inflationary and the public has lost confidence in his...

Load More

Fair Observer, 461 Harbor Blvd, Belmont, CA 94002, USA