I would suggest that this is essentially about the market power of the oil companies, and that the price will come down at some point. Essentially, the Saudis are waging a war over oil... Читать далее
If present trajectories are anything to go by, China and India will be even more powerful players than they are now. India is not growing as quickly as China, but it’s certainly growing... Читать далее
In a sense, because it’s there to measure value, money has only ever been an object of value. But there are different theories about how it was invented. One theory is that it’s... Читать далее
Neoliberalism is an economic policy strategy consisting of deregulation of labour markets, financial deregulation, privatization and globalisation of trade openness. I certainly wouldn’t... Читать далее
This is tricky because we don’t know what Brexit will look like. However, there are hopes associated with Brexit that do not strike me as realistic. I would certainly think that a “hard... Читать далее
I would think it’s not too likely because the financial imbalances, household debt levels and property-price inflation in most countries are substantially lower than they were in 2007... Читать далее