The Democratic Republic of the Congo (DRC) is both one of the richest countries in the world, and one of the poorest.
Continue readingWhy Argentina’s New Loans From the IMF Are Spurring Unrest and a Deepening Social and Economic Crisis
The IMF has a long history of strong-arming the direction of Argentina’s policies and economy.
Continue readingWhy It’s So Hard for Most Countries to Be Economically Independent From the West—Look No Further Than Brazil
Why is it so difficult even for huge countries with large, diversified economies to maintain independence from the West? If anyone could have done it, it was Brazil. In the 19th century it was imagined that Brazil could be a Colossus of the South to match the U.S., the Colossus of the North. It never panned out that way.
Continue readingCould Turkey Trigger the Next Global Financial Crisis?
Enormous debt coupled with a vicious attack on the local economy has pushed Turkey toward the precipice.
Continue readingWhy Venezuela’s Election Matters—It Was Under Siege by U.S., Canadian and EU Influence
Venezuela is being garroted. Will Maduro’s government have the means to break the cord?
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