As cries of hyperinflation arise amidst a seemingly never-ending inflationary spiral in major economies such as the US and UK, Switzerland emerges as one of the only nations enjoying continued growth in living standards and prosperity in 2022. An economy heavily dependent on the financial and services sector, the Swiss has historically witnessed strong economicContinue reading “Swiss inflation shortage?”
Category Archives: Current Affairs
Saudi’s struggles
Renowned for its excessive oil reserves, Saudi Arabia is one of the largest economies in the world. Its economy is the largest in the Arab world with a GDP of $700bn, far exceeding that of Egypt in second place with a GDP of $360bn. With this said, the long-term health of the Saudi economy isContinue reading “Saudi’s struggles”
Risky Rishi: Cost of living crisis
Political gambles by Sunak have reached new highs with his action, or rather inaction, in helping households survive the cost of living crisis. Perpetuated largely by Central Banks, the inflationary crisis has plunged millions into poverty. Absolute poverty is set to rise – a first in decades, the largest fall in living standards since theContinue reading “Risky Rishi: Cost of living crisis”
Inflation’s here to stay
Pathetic. Western Central Banks are leading the charge on the out-of-control inflationary spiral we witness today. They have done little – if anything to get a grip on skyrocketing prices. Real inflation has reached levels not seen since the 1970s; a cost of living crisis not seen since the 1930s. The Tories in the UKContinue reading “Inflation’s here to stay”
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