Debt

When it comes to climate change, it won’t be the weather that dooms us.  But an economic and geopolitical downward spiral.  One that is already well underway. And as it stands, tech will not save us.

“Policy discussions continue to centre on inflation, conveying confidence that anticipated monetary easing will heal the world’s economic woes. Meanwhile,…

2 years ago

One year on from the Kenyan Election: I was wrong…  President William Ruto has done a solid job in a bad situation while Raila Odinga’s actions have betrayed the sort of president he would have made.

A deep-dive into President Ruto's first year in office following his election in August 2022 Kenyan presidential and parliamentary elections.…

3 years ago

Stagflation, a looming credit crunch and debt crisis: Why inflation and interest rates will stay mostly high this decade and run the very real risk of fomenting the biggest debt crisis in the modern era

A comprehensive analysis of why inflation might remain high over the coming decade - even if there is a lull…

3 years ago

A conversation with Shuaibu Idris, a development economist from Nigeria, about the future of infrastructure spending in Africa

On the 16th December 2021, I had a fascinating chat with Shuaibu Idris, a Nigerian development economist and MD of…

5 years ago

The labour shortage conundrum: What economists are missing in their hunt to explain the record number of job vacancies

Why the stay-at-home rate amongst the 20-34 year old age group may be the missing link in explaining the record…

5 years ago

Why worries about inflation are missing the point…It’s the debt (and low productivity) stupid… We are in the last days of the post-1945 economic miracle

While all eyes are focused on inflation, the real underlying problem is the total debt - both public and private…

5 years ago

Smart Cities in Africa. The Smart Move or another White Elephant that brings crushing debt

A shorter version of this article appeared in Business Day, South Africa on 23rd March 2020 https://www.businesslive.co.za/bd/opinion/2020-03-23-sas-smart-city-drive-may-not-be-such-a-clever-move/ Last month President…

6 years ago