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The paradox of Western capitalism chipping away at the foundation of the very system it created

Published at: 03-06-2022

Posted on: June 3rd, 2022 by RaduC No Comments

The economic and military armament of the big illiberal powers – Russia and China, in particular – was achieved with capital originating in liberal countries. The capital’s unscrupulous pursuit of globalization opportunities after the fall of communism thinned the middle class “at home” and created in autocratic countries economies so strong that the capitalist society […]

Don’t be afraid of the recession

Published at: 01-05-2022

Posted on: May 1st, 2022 by RaduC No Comments

Over the last 6 months, we have heard countless comments about the delicate situation faced by Central Banks, forced to make a rather impossible choice: either to take on inflation, or try bypass recession. This is indeed an impossible choice since a continued increase in interest rates meant to hold back inflation would eventually lead […]

Superficiality and imposture can seriously damage national security

Published at: 24-04-2022

Posted on: April 24th, 2022 by RaduC No Comments

In recent weeks, we have witnessed a large number of debates, unfortunately including people who can not be suspected of malice or deception, which referred to the cowardice of Romania and those who lead it. The labeling was a consequence of the fact that, while most countries in the region took care to constantly make […]

The tragedy of missing leadership

Published at: 09-04-2022

Posted on: April 9th, 2022 by RaduC No Comments

The greatest military victories in history would not have been achieved without the leaders of those times. People of sound mind do not willingly sign their death warrant; instead, they protect their lives and avoid evil. So what drove them to sacrifice their lives by the hundreds of thousands in the great battles they fought? […]

Victim or cause for NATO expansion?

Published at: 21-03-2022

Posted on: March 21st, 2022 by RaduC No Comments

Russia’s current reaction is justified by NATO’s aggressive expansion eastward. This is the theory that sparks heated debates, both among experts and the general public. Although I think it should be abundantly clear to everyone that no explanation, however elaborate, can justify the death and suffering of so many millions of innocent people. Their death […]

Don’t run away, just walk!

Published at: 12-03-2022

Posted on: March 12th, 2022 by RaduC No Comments

Fleeing or rapidly moving away from danger is a response deeply imprinted in the animal subconscious as a way to ensure the survival. In any species of any size, sensing an imminent life-threatening danger triggers automatic, instinctive responses that cause the individual to quickly turn away from the peril. For tens of thousands of years, […]

Pathetic Europe

Published at: 26-02-2022

Posted on: February 26th, 2022 by RaduC No Comments

How pathetic can you be to expect the USA to find you alternative gas sources after stubbornly making sure to hand yourself on a silver platter to Gazprom? How pathetic can you be to hold dozens of high-level meetings to agree on a common position prior to the invasion of Ukraine, to declare you have […]

Paying the price for the loss of central bank independence

Published at: 13-02-2022

Posted on: February 13th, 2022 by RaduC No Comments

In the US, in the UK, in the eurozone, in the EU, the inflation surpasses even the worst-case scenarios. The reasons behind it are presented as “exogenous”, namely they are somehow extrinsic, beyond the central banks’ control. But are they truly exogenous only? And are central banks truly firefighters to the rescue or are they […]

Failing to avert global warming – uncomfortable truths

Published at: 07-12-2021

Posted on: December 7th, 2021 by RaduC No Comments

More often than not, economic crises are the product of excesses: prolonged periods of low interest rates despite the overheating economy, exchange rates that do not mirror the economic competitiveness of the issuing country, excessive indebtedness resulting in default, budget deficits that run too high or excessive increases in public sector wages. Under such circumstances, […]

Will emerging markets be the source of the next crisis?

Published at: 28-11-2021

Posted on: November 28th, 2021 by RaduC No Comments

After a long period of “blue sky” when any sign of a dark cloud was removed by the extremely low central bank interest rates and by investors’ frantic exhilaration (irrational, some would venture to say), emerging markets have started to become a serious cause for concern. Firstly, the overall macroeconomic landscape is about to turn […]

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