Will America’s Middle-Class Crisis Diminish Its Global Superpower Status?: George Friedman
Besides its economic and social implications, the persistent decline of the American middle-class also poses a significant geopolitical threat: Can the U.S. really maintain its status as a global superpower when half of the country is either stagnant or already...
America’s Energy Boom & Its Impact On The Global Economy – James Kwak Interview
As we begin a new year we wanted to take a look at the current energy landscape and see what the future holds for the global economy, America's oil and gas boom, whether renewables will continue to be a favourite...
The Fastest Growing Economies in 2013
As the European Union mulls another year of economic stagnation and the United States a year of lacklustre and uncertain economic recovery, will emerging markets take the lead in global economic recovery? As the European Union mulls another year of...
A Major Oil-Led Recession In 2013?: Gail Tverberg
The relationship between oil shocks and global recessions is one that has been strongly established for decades. Since World War II, 10 out of 11 recessions in the U.S. were preceded by a sharp increase in the price of oil,...
The Return Of Abenomics: A New, Old Hope For Japan’s Economy?
The ascent to power of the Democratic Party of Japan marked the end of Japan's one-party state, dominated by the Liberal Democratic Party since 1955. However, the DPJ was unable to address the challenges Japan faced, was internally unstable, and...
The Global Economy’s Dangerous Myopia – Are We Ignoring Future Crises?: Joseph Stiglitz
As global leaders continue to deal with their economies’ immediate problems, long-term issues such as global warming, inequality and poverty are being compromised – with potentially dangerous ramifications. Although today’s crises undoubtedly warrant immediate action, we should be asking whether...
Could Europe’s Social Crisis Overshadow Its Economic Woes In 2013?: George Friedman
For close to three years, the primary focus of European leaders has been to solve the region’s banking and sovereign debt crisis, which have caused a serious weakening of the economy and created massive unemployment in some countries. The same...
Will Politics Continue To Dominate The World Economy In 2013?: Mohamed El-Erian
How politics and economics interact nationally and globally is one of the important questions for 2013 and beyond. There are three scenarios: good economics and effective politics provide the basis for a growing and more cooperative global economy; bad economics...
China Will Struggle To Wean Its Addiction To Investment-Led Growth: Michael Pettis
According to an IMF study released late last year, there is now strong evidence that China has been over-investing significantly over the last decade – leading to sustained economic growth rates at the expense of a suppressed consumption base. But...
Why Even The Shale Boom May Not Prevent $200 Oil – Interview With Chris Martenson
Despite booming oil production in North America on the back of the shale revolution, many industry forecasts still expect oil prices to remain above $100 a barrel in 2013 – the third consecutive year that oil prices have gone above...
Did Malthus Get It Right After All?: Gail Tverberg
In 1798, British economist Thomas Malthus predicted that a continued population would strip the earth of its resources and eventually lend itself to famine and poverty. While his predictions have not materialised, at least not yet, his work and concept...
The Broken BRIC: India Faces Economic Challenges
India has been labelled the weakest nation in the so-called BRIC alliance, evidenced by foreign investors forsaking the country for more promising emerging markets. Restrictive policies and slow infrastructure investment saw India grow at one of its slowest pace in...
A Risky New Era For Central Banking?: Mohamed El-Erian
The political paralysis over economic growth in several developed nations have effectively forced central banks to embark on a shift from their conventional monetary policies. But, the best that central banks can do for now is to buy time, while...
How Shale May Change The Future Of Geopolitics: Robert D. Kaplan
The coming of shale gas will magnify the importance of geography. Countries that have considerable shale deposits will be better placed in the 21st century competition between states, and those without such deposits will be worse off – marking a...
Another Eurozone Crisis In 2014?: Nouriel Roubini
The tail risks of a Greek exit from the eurozone or a massive loss of market access in Italy and Spain have been reduced for 2013. But the fundamental crisis of the eurozone has not been resolved, and another year...