A deep-dive into President Ruto’s first year in office following his election in August 2022 Kenyan presidential and parliamentary elections. Focus on President Ruto’s economic record and foreign policy scorecard.
Inflation
A look at why inflation may not have been tamed in the coming months as is now widely-believed, with substantial drops in food and energy prices, leading the way. The expiry of the Russia-Ukraine grain deal and most of all the unpredictable yet ominous onset of this year’s El Nino could well see prices start…
A comprehensive analysis of why inflation might remain high over the coming decade – even if there is a lull ih the second half of 2023 – and how high interest rates might take swathes of the global economy and public finances over the edge of a debt ticking time bomb that has been slowly…
Why the stay-at-home rate amongst the 20-34 year old age group may be the missing link in explaining the record number of job vacancies and labour shortages in the developed world – especially in Anglo-Saxon countries. And the long-run consequences could be dire:
Both in economic terms – Labour shortages may be far more…
The spotlight on inflation, and whether or not it is just a passing phase as economies re-open, is missing the bigger picture.
Long-term changes to “just-in-time” supply chains that were already underway before the pandemic and super-charged by it will ultimately lead to persistently higher inflation in advanced economies.
And especially if…
While all eyes are focused on inflation, the real underlying problem is the total debt – both public and private combined – that advanced economies have accumulated since 1945 and has gone into overdrive since the GFC in 2008.