JP Morgan Chief on the Dire State of the World

Jamie Dimon’s leadership of JPMorgan Chase has often brought a sense of stability to roiling financial markets. But when he looks at the conflicts in Gaza ( which he considers the highest and most important thing for the Western world), Ukraine, and elsewhere, combined with inflation and rising interest rates at home, he sees ominous …

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Debt

Percentage of World Debt Government Debt by Country in Advanced Economies Gross public sector debt as a proportion of GDP External debt as a share of GNI, 2021 Developing Countries Receiving the Most Loans from China Graph: on visualcapitalist.com Public Debt to GDP Ratios 2005-2027P The rise …

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Compass

Luis Rubio “How can a country retain viability when its structures are focused on other purposes? It is worse when the objective is expressly preserving poverty, not development.” Plying the compass has not been the strong suit of most of Mexico’s governments, certainly not during …

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Polarizaton is Global. So?

Polarization around the world is increasingly present, in some cases even concerning. Politics in some countries are moved by protesting angry citizens fed up with the incompetence of their leaders. Extremists have a fertile ground for their causes, both for left and right. Unlikely candidates …

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Argentina marks a turning point.

Ricardo Pascoe Pierce Argentina repudiated Peronism, Kirchnerism, leftism, and the populist rhetoric accompanying those governments for over two decades. During that time, it has received political support from Hugo Chávez, Nicolás Maduro, Lula Da Silva, and Andrés Manuel López Obrador. The economic management has been …

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