The hottest Global Economy Substack posts right now

And their main takeaways
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Top Finance Topics

BRICS or NATO? G20 or G77? Summits debate rapidly changing world order

Geopolitical Economy Report • 279 implied HN points • 24 Sep 23
🌍 World Politics Geopolitics International relations Global Economy Diplomacy United Nations
  1. The changing world order is reflected in the rapid pace of international summits like BRICS, G20, G77, and the UN General Assembly.
  2. Russia's pivot towards the Far East, specifically in Vladivostok, showcases a strong focus on development and economic collaboration with Asian countries.
  3. De-dollarization and the use of e-currencies, such as blockchain mechanisms, are potential avenues for creating alternative payment systems within the global majority.

Foreign Affairs Runs Precis of My Book

Japan Economy Watch • 139 implied HN points • 31 Jan 24
🌍 World Politics Global Economy Japan Entrepreneurship Economic Growth Globalization
  1. Japan's economic slump is not irreversible, and there is potential for recovery with shifts in attitudes, technology, and globalization.
  2. Despite Japan's structural flaws, South Korea's economic success shows that fixing the Japanese economy is achievable.
  3. The article in Foreign Affairs discusses the potential for Japan to revive entrepreneurial spirit for economic growth.

When the Houthis Found “the Cloud"

Interconnected • 231 implied HN points • 13 Mar 24
🌍 World Politics Geopolitics International relations Cybersecurity Terrorism Global Economy
  1. The Houthis damaged four undersea cables in the Red Sea, disrupting 25% of data traffic in that area, showing the vulnerability of global data connectivity.
  2. More than 20 countries are involved in the ownership and operation of these damaged undersea cables, highlighting the geopolitical implications of such incidents.
  3. A Hong Kong company, HGC Global Communications, played a central role in addressing the cable damages, emphasizing the fragility of the global data network despite its powerful infrastructure.

China 'counters US dollar hegemony' with gold reserves, Argentina yuan currency swap deal

Geopolitical Economy Report • 299 implied HN points • 10 Jan 23
🌍 World Politics Geopolitics De-dollarization International relations Global Economy
  1. China is increasing its gold reserves and signing yuan currency swap deals with countries like Argentina to counter US dollar dominance and promote the use of the renminbi.
  2. Central banks worldwide are diversifying their reserves away from the US dollar, with increased interest in investing in the renminbi to move towards a multipolar currency system.
  3. Argentina is strengthening ties with China through currency swap deals, enhancing economic integration with Brazil, and exploring the creation of a sovereign Latin American currency for regional trade.
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Peak American Empire

Philoinvestor • 216 implied HN points • 25 Feb 23
🌍 World Politics Geopolitics International relations Global Economy
  1. The dominance of the US dollar is at risk due to changing global dynamics and potential shifts away from the Petrodollar Agreement.
  2. The US military's extensive expenditure is becoming unsustainable in the face of rising global competition and economic changes.
  3. The world is transitioning towards a multipolar order with increased conflict and alternative power structures, marking a decline in traditional American hegemony.

Shipping Costs Rise Amid Global Tension

The Sunday Morning Post • 98 implied HN points • 21 Jan 24
🌍 World Politics Military Conflicts Humanitarian Crisis Global Economy
  1. Shipping costs have significantly increased due to disruptions in global trade routes, impacting the U.S. economy and potentially leading to inflation.
  2. The conflict in the Red Sea, led by Houthi attacks, has forced ships to take longer routes, costing more in time and money.
  3. The U.S. involvement in the conflict with the Houthis raises concerns about escalating tensions in the Middle East and potential long-term military campaigns.

Zen and the Art of CBDC Analysis (Part 2)

Altered States of Monetary Consciousness • 240 implied HN points • 07 Dec 23
💰 Finance Digital Currency Monetary System Central Banking Financial Technology Global Economy
  1. Innovation trends are often blindly followed in mainstream scenes, driven by systemic forces.
  2. The CBDC debate is influenced by the inertia of the global capitalist system and the push towards automation.
  3. CBDC discussions involve various justifications like financial inclusion, cross-border payments, and adapting to the 'spirit of the times.'

Inflation: Japan Stands Alone, Part I

Japan Economy Watch • 439 implied HN points • 06 Sep 22
💰 Finance Inflation Interest Rates Central Banks Global Economy
  1. Different countries are experiencing different types of inflation, each requiring unique solutions. Japan faces a dilemma with its low headline inflation and core inflation dominated by food and energy.
  2. Central bankers focus on core inflation for long-term trends while considering demand-pull and cost-push sources of inflation. Japan's inflation is mainly driven by cost-push forces, unlike the US and Europe where demand-pull forces are stronger.
  3. Dealing with cost-push inflation is more complex as it involves supply chain disruptions and input price spikes. Timing the response to inflation and adjusting interest rates involves balancing economic growth and avoiding recession.

BRICS: A Ghost Power?

The Dollar Endgame • 139 implied HN points • 12 Sep 23
🌍 World Politics Global Alliances Geopolitical Tensions Financial Systems Global Economy
  1. Creating a new currency by BRICS is not a practical idea due to various challenges and conflicting interests among member nations.
  2. For a global reserve currency to be successful, it needs to address essential features like demand, liquidity, and market size.
  3. Switching from the U.S. Dollar as the global reserve currency would require a significant shift in economic advantages and stability, making it a complex and unlikely change.

The End of ESG?

Anxiety Addiction & Ascension • 98 implied HN points • 03 Jul 23
💼 Business Investing Corporate culture Global Economy
  1. BlackRock's Larry Fink disowns the term ESG due to its weaponization by different political sides, showing a shift in the discourse in the financial system.
  2. Investors are becoming more critical of woke ideologies impacting businesses, as seen in stock losses by companies embracing certain ideologies.
  3. The potential rebranding of ESG indicates a shift in focus but doesn't eliminate the underlying goals of corporate influence and control.

Russia demanding Europe pay for gas in rubles could have huge repercussions

Geopolitical Economy Report • 279 implied HN points • 26 Mar 22
🌍 World Politics Geopolitics Global Economy Sanctions Energy Market Global Conflict
  1. Russia's demand for Europe to pay for gas in rubles could impact the global economy and challenge Western sanctions.
  2. Europe heavily relies on Russian gas for heating, electricity, and manufacturing, and severing ties could lead to severe consequences like fuel rationing.
  3. The European Union faces dilemmas on how to obtain rubles for gas payments, highlighting the complex interplay of geopolitics, currency dynamics, and global trade relationships.

The Great De-Globalization

Diane Francis • 319 implied HN points • 14 Apr 22
🌍 World Politics International relations Economic Policy Geopolitical Tensions Global Economy
  1. De-globalization is speeding up due to the pandemic and the war in Ukraine. Countries are changing their trade practices and looking for new suppliers to avoid shortages.
  2. The world might split into two trade blocs led by the US and China. This division could drive up prices and limit choices for consumers.
  3. China is facing several internal issues that could hurt its economy. If it continues to support Russia, China risks losing its trade partners and investors.

The Geopolitics of the Arctic

The Climate Historian • 19 implied HN points • 26 Mar 24
🌍 World Politics Geopolitics International relations Environmental Policy Global Economy Resource Management
  1. The Arctic is becoming a very important area for countries around the world because of its natural resources and changes due to climate change. Many nations are paying more attention to it now.
  2. Climate change is rapidly warming the Arctic, which is causing ice to melt and opening new shipping routes. This affects not just local communities but also global weather patterns.
  3. As Asia's economy grows, countries like China are increasing their interest in the Arctic. This shift creates new possibilities and challenges for international cooperation in the region.

The Great (Freedom) Reset Has Begun

QTR’s Fringe Finance • 75 implied HN points • 25 Nov 23
🌍 World Politics Global Economy Political Ideologies Civil Liberties
  1. Argentina's new president is bringing libertarian principles of small government and sound money into practice, setting an example for the world.
  2. The success or failure of Argentina's economic and social changes will provide lessons for other nations considering similar policies.
  3. The divide in the US between parties and the far left's radical views may lead to a shift towards libertarianism or conservatism, as seen in Argentina.

Brazil’s ex-president Dilma Rousseff: US-China conflict is neoliberalism vs socialism

Geopolitical Economy Report • 159 implied HN points • 06 Apr 22
🌍 World Politics Socialism Neoliberalism Latin America Global Economy
  1. Former Brazilian President Dilma Rousseff views the US-China conflict as a clash between neoliberalism and socialism, criticizing US sanctions and praising China's economic model for challenging US-led capitalism.
  2. Rousseff highlights the importance of Latin America asserting independence, aligning with China, and participating in institutions like BRICS to reduce unfair asymmetry in global economic institutions dominated by the US.
  3. The conflict between the US and China is not just political but a clash between two economic systems - neoliberalism and socialism. Rousseff points out issues with neoliberalism like income inequality and praises China's focus on equity and state intervention in the economy.

The Semiconductor Trade War

Apricitas Economics • 78 implied HN points • 05 Jul 23
🕹 Technology Semiconductors Market Trends Government Policy Global Economy
  1. The US is engaged in a significant semiconductor trade war with China and needs help from allies to win.
  2. Semiconductors are crucial for modern industries and military defense, and the US sanctions have impacted chip exports to China.
  3. China's domestic semiconductor production is growing despite sanctions, creating a complex global scenario.

On Imperialism

Nathan’s Substack • 19 implied HN points • 06 Sep 23
🌍 World Politics Imperialism BRICS Foreign Policy Allies Global Economy
  1. Empires often make enemies without realizing it, despite thinking they have many friends.
  2. Economic sanctions by one country can lead to unexpected consequences, pushing other nations to protect or distance themselves from the imposing nation's financial systems.
  3. Nations should be cautious in imposing their values on others, as historical empires have unintentionally faced negative outcomes by doing so.

Science as a religion: how science harms the effort to save the planet

Technology, Environment, and Art • 3 HN points • 16 Mar 24
🌞 Climate & Environment Science Climate change Consumerism Global Economy Environmental Activism
  1. Science is not a religion to be universally believed in, as there are skeptics, particularly among populists.
  2. Science's near-religious belief as a problem-solving tool for climate issues might fuel skepticism due to the focus on consumerism and capitalism.
  3. Addressing climate change requires moving away from blindly trusting science and taking more drastic actions like dismantling consumerism.

Pippa Passes: The Case of the Missing Chessboard, the Sonoran Desert and the Entrepreneurs in the Galapagos.

Dr. Pippa's Pen & Podcast • 24 implied HN points • 18 Apr 23
🌍 World Politics Geopolitics Organized Crime Global Economy Military Strategy International relations
  1. Experts warn against conflating risk analysis with picking sides in geopolitics.
  2. Understanding the grand strategy and end game is crucial in global decision-making.
  3. The rise of dark forces like organized crime impacts geopolitics and economy significantly.

5 Sharp Stories to Engage your Clients

Dr. Pippa's Pen & Podcast • 17 implied HN points • 21 Mar 23
💼 Business Leadership Innovation Global Economy Technology Relationships
  1. When engaging busy business leaders, bring them new, important, interesting, and actionable information.
  2. Create conversations by discussing unique and thought-provoking topics like space-based solar power or the impact of the metaverse.
  3. Encourage strategic thinking by highlighting unconventional perspectives and the importance of world-building in business.

Indian IT blooms as the recession looms

Sector 6 | The Newsletter of AIM • 19 implied HN points • 20 Jun 22
💼 Business Market Trends Economic Growth Global Economy
  1. The Indian IT sector is facing uncertainty due to talks of a recession in the US. But instead of panicking, they're looking at ways to adapt.
  2. Some believe that Indian IT companies might actually do well during a recession. They think these companies can not just survive but even grow in tough times.
  3. This situation encourages Indian IT firms to innovate and strengthen their strategies, which might help them thrive despite economic challenges.

Will gold pave the yellow BRICS road?

The Informationist • 4 HN points • 09 Jul 23
💰 Finance Global Economy Currency Gold Debt
  1. BRICS nations are considering introducing a gold-backed currency to reduce dependency on the US dollar.
  2. The US has deviated from the gold standard, leading to concerns about debt levels and potential economic implications.
  3. For the gold-backed currency to work, BRICS nations would need to establish trust and a system that ensures the currency is fully redeemable for gold, potentially impacting the global financial landscape.

"Income and Wealth Inequality Went Down During the Pandemic": A Q&A with Felix Salmon

James Ledbetter's FIN • 5 implied HN points • 07 May 23
💰 Finance Fintech Wealth Inequality Digital Payments Music Industry Global Economy
  1. Income and wealth inequality decreased during the pandemic due to stimulus and increased minimum wages.
  2. The pandemic accelerated technological advancements, such as the development of mRNA vaccines and digital payments.
  3. Changes in real estate preferences indicate a lasting shift towards valuing residential space over commercial space.

#10: Time for a change

The Uncertainty Mindset (soon to become tbd) • 19 implied HN points • 08 Jan 20
🌍 World Politics International relations Geopolitics Global Economy Political Change
  1. External events, like Brexit and climate change, create a lot of uncertainty that we can't control, and they can have serious impacts on society and the economy.
  2. It's important to embrace discomfort and the unknown in life. Trying new things helps us grow and learn to handle unexpected challenges better.
  3. Choosing to regularly face uncomfortable situations can prepare us for future uncertainties. It builds resilience and helps us cope with stress more effectively.

The Unwinding Reliance on China

Spilled Coffee • 4 implied HN points • 22 Feb 23
💼 Business Global Economy Investments Companies Trade Stock Market
  1. Global companies are reducing reliance on China for production by moving to other countries like India, Vietnam, Thailand, Malaysia, and Bangladesh.
  2. Investors are reconsidering their strategic allocation to Chinese assets and countries heavily reliant on Chinese exports.
  3. Major investors and institutions are steering clear of China, indicating a shift away from Chinese investments.

Nhật ký Cờ Mờ 4.0: về dự thảo 03/10/2018 hướng dẫn thực thi Luật An ninh mạng

Thái | Hacker | Kỹ sư tin tặc • 0 implied HN points • 14 Oct 18
🌍 World Politics Data Privacy Global Economy Tech Innovation International relations
  1. The draft discussion on implementing the Cybersecurity Law of October 3, 2018 can impact internet freedom and privacy in Vietnam.
  2. The draft proposes strict regulations for data storage and transfer by companies, raising concerns about economic and national security risks.
  3. Copying China's internet regulations may lead to economic dependence on China and alienate potential Western tech partners in Vietnam.

25% of the world is either in recession or is going through an economic stagnation

Global Markets Investor • 0 implied HN points • 16 Feb 24
💰 Finance Global Economy Recession Central Banks Interest Rates
  1. About 25% of the world is facing recession or economic stagnation, impacting major economies like Japan, United Kingdom, Eurozone, Canada, among others.
  2. Countries such as Japan, UK, Denmark, Moldova, and Peru are in recession, experiencing economic decline over quarters.
  3. Economies in stagnation include the Euro Area, Germany, Canada, Sweden, and Saudi Arabia, facing challenges due to factors like interest rates, inflation, and oil production cuts.

Country Risk, Return and Pricing: The Global Landscape in January 2015

Musings on Markets • 0 implied HN points • 19 Jan 15
💰 Finance Market Analysis Investment strategy Risk Assessment Global Economy
  1. In 2014, the US stock market did well but some emerging markets performed even better, suggesting potential opportunities elsewhere. It's important to think beyond just strong performers when investing, as the market can shift quickly.
  2. Country risk can be tricky to assess, and two common methods are looking at sovereign ratings and CDS spreads. These numbers help understand the risks investors face in different countries.
  3. Even risky markets can offer bargains if the prices are right. It's key for investors to consider both risk and potential return when evaluating global opportunities.

Developed versus Emerging Markets: Convergence or Divergence?

Musings on Markets • 0 implied HN points • 29 Jul 13
💰 Finance Market Analysis Investment strategy Global Economy Risk Assessment Equity markets
  1. Stocks in riskier areas usually have lower prices. This shows that investors want higher returns for taking on more risk in emerging markets compared to developed markets.
  2. There has been a noticeable trend where the prices and valuations of companies in emerging markets are starting to converge with those in developed markets. This is mainly due to falling prices in developed markets rather than significant gains in emerging markets.
  3. Investors should adjust their expectations for returns in emerging markets. These markets are becoming less risky, but they are not positioned to give the high returns that used to be expected.

A new era of American greatness is dawning

Demodexio • 0 implied HN points • 21 Nov 23
🌍 World Politics International Geopolitics Global Economy Leadership Diplomacy
  1. The USA is currently experiencing a period of rapid growth compared to other developed nations.
  2. America's historical success can be attributed to factors like military conquest, expanding the monetary economy, and governance structures.
  3. Questions remain about the impact of immigration, debt, and women's empowerment on the future prosperity of the USA.