References to ‘GDP’ proliferate in the business press and news. Perhaps it’s worth considering what it means. The letters stand for ‘Gross Domestic Product’, intending to signify the entire output of the economy of a country: the outputs [more…]
For many years now it seems that the state of a nation’s economic health has been reduced, at least in the mainstream press, to one metric—Gross National Product (GDP). Despite rising prices, increasing public and [more…]
On my list of recommendations in YouTube the other day was an extract from TalkTV. It was a discussion between presenter Peter Cardwell and Liam Halligan. You may remember Liam, he had his own show [more…]
Since he was a young up-and-coming property magnate in New York City, Donald Trump has been fixated on what he believes to be foreigners’ cheating on international trading terms to the detriment of the US. [more…]
In 1980, I was 30 years old, and Margaret Hilda Thatcher was Prime Minister, having beaten ‘Sunny Jim’ Callaghan at the previous year’s General Election. It was the first year that I thought deeply about [more…]
In a previous essay I pointed out that it is very likely that the US will isolate itself from the worldwide trading system due to it past, frankly, unlawful actions to steal the assets of [more…]
The US government is aghast that there is a new grouping of nations that seeks to form an alternative to the US trade bloc and trade settlement system that uses the dollar. These nations have [more…]
Broadcasted for the world to see through TikTok live stream before quickly going viral across several other social media platforms, a video shared early Tuesday, 25 June 2024, by a young Kenyan TikTok user showed [more…]
October 15, 2024 If you asked a think-tank team leader, a social sciences professor at Nairobi University if they anticipated the scale and popularity of the protests that rocked East Africa’s economic powerhouse Kenya, only [more…]
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