To what extent, if at all, is the contemporary world economy shaped by the rise of the financial industry?

The last century has arguably undergone a deep entrenchment of the world economy‚Äôs financialisaton by the servicing of its facets, ranging from debt in the form of bonds to risk options as alternatives of generating greater returns. But with this has come greater intricacies of how we view the world economy, and with it, how … Continue reading To what extent, if at all, is the contemporary world economy shaped by the rise of the financial industry?

The Black Swan called COVID-19: Its Financial Implications

"Those who cannot remember the past are condemned to repeat it"George Santayana The famous quote said above by George Santayana has become a favourite amongst those who remind themselves of society's past mistakes, promising themselves to never make the same ones their forefathers once made. Yet such a statement becomes a fallacy when one believes … Continue reading The Black Swan called COVID-19: Its Financial Implications