The Great Economic War (GEW) (Part 4: Battles reshaping the global monetary order) Phuah Eng Chye (10 September 2022) The global monetary order underpinned by USD hegemony has held up remarkably well over many decades. Despite recurring financial and currency crises, USD hegemony provided the unity, efficiency and stability to drive globalisation. A key feature … “The Great Economic War (GEW) (Part 4: Battles reshaping the global monetary order)”
Tag: financial nuclear bomb
The Great Economic War (GEW) (Part 3: The financial nuclear bomb)
The Great Economic War (GEW) (Part 3: The financial nuclear bomb) Phuah Eng Chye (27 August 2022) In reaction to Russia’s invasion of Ukraine, the West launched a comprehensive economic war aimed at isolating Russia in the physical (e.g. airspace, ports, export and import bans) and information (e.g. ownership, finance) realms. The main offensive took … “The Great Economic War (GEW) (Part 3: The financial nuclear bomb)”