The Russian Far East – Here’s a discussion on the – largely successful – strategies boosting productive investment in industry and infrastructure across the Russian Far East. Manufacturing in Russia grew by 12.2% between 2015 and 2020; in the Far East it was almost double, 23.1%. And from 2018 to 2020, per capita investment in fixed capital was 40% higher than the national average. The next steps center on improving infrastructure; opening global markets to Russian companies; and most of all, finding the necessary funds (China? South Korea?) for advanced tech.
There’s a recent phenomenon in which smart people, mostly white men, parachute down from a higher plane to tell us mere mortals the truth about fighting climate change.
What is new with contemporary (global) leading corporations? If gigantic monopolies are a repeated phenomenon in capitalism’s history, why all the fuss we see every day regarding high concentration?
year ago already, the Covid-19 epidemic arrived in the West, via Italy. Today, we know a little more about this virus, but despite what we know, Westerners continue to misunderstand it.
Prevailing financial sector “wisdom” holds that while the bond and stock markets of the US and EU are dangerously inflated following huge COVID borrowings and unprecedented central bank measures, that China is the one example of a market suita
Out of habit, American economists worry about federal debt. But federal debt can be redeemed by the Federal Reserve printing the money with which to retire the bonds.
Recent market rumors have been telling that late 2020 or early 2021 may bring drastic and explosive changes in the world’s financial system.