The Kākā by Bernard Hickey
The Kākā by Bernard Hickey
Opening up and closing down
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Opening up and closing down

All residents can come home freely from Friday and an early opening to tourists is seen as likely; Russia's currency collapses and fears grow of LTCM-style crisis in global money markets
Bernard Hickey
Feb 28, 2022
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TLDR & TLDL: At the very moment when it seems the world is opening up to us again, Russia’s invasion of Ukraine is locking down big chunks of global trade and giving a preview of how globalisation may unwind in years to come.

China will be watching how the west’s unleashing of its ‘financial nuclear option’ has paralysed Russia’s financial system and con…

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The Kākā by Bernard Hickey
The Kākā by Bernard Hickey
Bernard Hickey and friends explore the political economy together.
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