Sri Lanka is in the throes of an unprecedented economic crisis. Faced with a shortage of foreign exchange and defaulting on its foreign debt repayment, the country is unable to pay for its food, fuel, medicine, and other basic necessities. Notwithstanding the austerities that would be entailed, a bail out by the International Monetary Fund…
The West is facing a systematic crisis both economically and socially and it appears to have no solutions but more money printing and war. Neither of which will help. While most of the world’s attention is focused on the Ukraine, there are events happening in Sri Lanka that should alarm everyone. Sri Lanka is a…
If the inflation narrative we are being fed is true, the sanctions policy of the US government makes no sense as the worst sufferers are the American and European populations who are paying for the supply restrictions in higher prices and interest rates. As Russia is an exporter of energy and minerals, higher prices…
Despite the barrage of sanctions that the Russian economy got hit with at the start of the Russian military operation in Ukraine, the West’s economy seems to be taking the brunt of these sanctions instead of its intended target. On Friday, Russia’s Central Bank cut interest rates by 3% (from 20 to 17%). And, though…
The European Union announced on May 4 their intention to ban Russian oil imports within six months and refined products by the end of the year as part of their latest round of economic sanctions against Moscow. According to Oil Price, a barrel surged to over $110 for Brent and $108 for West Texas Intermediate…
The perfect storm is already here and we are in the middle of it. It is global game played by the elite. Brace yourself because it won’t be pretty. Coordinated action is taking place in order to destroy food supply chain. So consequently we will experience food shortages with great geopolitical implications. For some years…
