The hottest Economic Crisis Substack posts right now

Argentina faces economic crisis with high inflation and poverty rates.
Javier Milei plans to implement radical free-market policies to address the crisis.
The success of Milei's policies and transforming Argentina into a free-market beacon remains uncertain.

The repo market is crucial for global finance, and it broke down in September 2019, causing significant repercussions.
The Federal Reserve has been deeply involved in the repo market to ensure the smooth functioning of the world's secured borrowing system.
In September 2019, there was a sudden surge in overnight money market rates, leading to unexpected fluctuations and challenges in the financial system.

China's economic history has been tumultuous with periods of violence and disastrous economic policies.
China's economic growth was more about mean reversion than a miracle, and now faces a crisis due to overinvestment in real estate and debt levels.
China's economic model is facing a severe crisis leading to potential defaults, financial panic, and political instability.

Kenya is facing a severe cost-of-living crisis due to rising prices, stagnant wages, and new tax measures, leading to widespread protests.
The protests in Kenya are not solely about economic grievances; they also represent shifts in intra-elite power struggles and perceptions of civic engagement.
President William Ruto's management of economic challenges and political dynamics will define his presidency, with potential consequences for stability and public support.

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Argentina is facing an economic crisis with collapsing peso, soaring inflation, and high demand for US dollars.
The country's central bank has devalued the currency and increased interest rates, but the situation continues to deteriorate.
People in Argentina are scrambling for US dollars, leading to significant fluctuations in the exchange rate.

John Law's economic and business plans started to unravel, causing stockholders to worry and shares to be sold.
Currency controls were imposed to restore paper credit but ended up causing distress and discord among the people.
The Mississippi Scheme led to disillusionment as shares plummeted and efforts to restore public confidence failed.

The FDIC stepped in to protect depositors when major banks faced collapse.
The FDIC's role is to ensure bank stability and prevent widespread financial risks.
The current system poses challenges in balancing bank bailouts and market discipline.

The failed revolution of 2016 happened in both political parties.
The real resistance voters feel a discontent with the current governance and economic system.
The wealthy control policies that maintain wealth disparity and hinder systemic change.