Cryptocurrencies – Caught in the crossfire // Sport – Big changes ahead // Inflation/currencies – The great waltz // Consumption – After the greenwashing, here comes the localwashing // Oil – Change on the horizon in Venezuela
______________________________
Cryptocurrencies – Caught in the crossfire
The crypto war is getting organized. On one side: rich states, their central banks, private banks; on the other, emerging or developing economies, decentralised finance (DeFi), people.
On the side of the rich: on the one hand China is banning cryptos to impose its own central bank digital currency; on the other, Europe and the US are preventing people from taking refuge from inflation in cryptos while their CBDMs are not ready; on a third side, private banks have everything to lose from crypto-currencies as well as from CBDMs but for the time being they pretend to be allied with the States while looking for a way out of this bad situation… or adjusting to it.[1]
On the side of the poor and emerging countries, we find a growing concern of currency devaluation that will impact them first, prompting them to get out of dependence on currencies that are not theirs anyway: El Salvador, [2] Tanzania,[3] India soon maybe[4]…
As Biden puts the kibosh on US anti-China rhetoric - by reversing Trump's actions against TikTok and WeChat, for example - our team anticipates that a far more fundamental systemic [...]
The concept of Global Britain was formulated in the early months following the 2016 referendum on the UK's decision to exit the EU. Theresa May and her teams have been [...]
Demographics are the “mother of change”. Indeed, the successive resizing of the global population is at the origin of the imperatives to transform the political-techno-economic systems that organise the human [...]
Trump was the seal of the populists’ era born in the wake of the gigantic crises of the last decade: Putin, Erdogan, Trump, Bolsonaro, Johnson... More fear than harm in [...]
The Espana 2050 project, presented by the Sanchez government on the 20th of May, brings together, in the form of 9 challenges, 50 objectives and 200 proposals, a set of [...]
The author of this analysis is an Indian member of our network of contributors. He casts an emerging country’s glance on these huge American stimulus plans. The over $5 trillion [...]
Comments