Credibility Is Important
Credibility is important not only to the individuals, but to the corporations and to the country as well. US’s credit ratings are given an AAA because of the confidence that it will be able to repay its debt. People buy…
Category Current Affairs
Russia’s Wartime Economic Controls
On 6 July 2022, Russia rushed through 2 bills to introduce special economic measures in Russia to support its war on Ukraine. As mentioned in my post regarding the mechanics of black market, during war, the country’s machineries are geared…
The Flow Of Money
Covid struck the world in December 2019, and from 2020 onwards the whole world sank into a pandemic in which millions died. But instead of fighting the pandemic properly, political agents around the world made use of it to their…
The Dreams They Sell You
In 1957, Dr. Curt Richter from John Hopkins did an experiment with rats. By placing a few rats in a bucket or jar of water with no way out, he watched how long the rats would last before drowning. Do…
The Mechanics Of Black Market
Background In light of the current affairs of these days, I thought this article will be a useful piece for my readers. Do read that with the knowledge of current affairs of today in mind, and with what we have…
Productivity And Efficiency
If you ever played the game Civilisation, you will realise that to develop the country well you need to scale up many things, of which the following are the more important ones – science, production, economy and military. While balancing…
Random Chit Chat 09032022
In this world, there are many dirty and disgusting things which the rich and powerful play. But many times there are no solid evidences we can lay out as to what they did. Even if there are, their overwhelming wealth…
UK Raises Interest Rates
1. Fed has been saying that they will raise interest rates to curb inflation. 2. UK has raised interest rates for the first time in 18 years, since 2004. 3. US will most likely also raise interest rates soon, as…
Leverage
When I was in the insurance line (for only half a year), I once was talking to a fellow colleague (“A”) who mentioned about his conversation with his friend (“B”). With a tone as if he was full of knowledge,…
China’s Electricity Shortage
Few days ago, there is this big news of China’s electricity shortage. There are articles all around, so I will only share one here. In summary, the official reason is that China wanted to curb greenhouse emissions in line with…