Archives:
The Big Picture

Macroeconomics, Socioeconomics, Geopolitics, Business and Government, Secular Trends and Big Picture Themes

China just ran into something that could be even more devastating for its supply chains than COVID-19 lockdowns: A record heat wave

OVID-19 lockdowns in China threw a wrench into global supply chains earlier this year, causing shipping and production delays worldwide, and hindering […]

‘We realized that there’s no way we can return’: Russia’s best and brightest are leaving the country in record numbers. 6 young Russians explain why they left

Three months ago, Sonya, a 25-year-old who works at a major mobile gaming company and moonlights as a tutor, made […]

Heat waves: The worst is yet to come

Mariano Zafra Molina  For more than 30 years, scientists have been warning of the increased impact of heat waves due […]

Humans are not prepared for a pandemic caused by fungal infections

When the 48-year-old longtime smoker came to Shmuel Shoham, an infectious diseases expert at Johns Hopkins, she was worried about […]

Rich Americans Keep Borrowing, Defying Economic Gloom

Wealthy people ramped up borrowing in the first half of the year despite rising rates and a stock-market rout that […]

One of the Decade’s Hottest Bond Markets Is Imploding in China

Rebecca Choong Wilkins and Lulu Chen (Bloomberg) — When investor demand for Chinese property debt was approaching its peak back […]

Ultrawealthy Americans are flocking to get ‘golden visas’ in Europe amid political turmoil. Here are the top 2 places they’re going.

BY CHLOE BERGER It seems as if the chaos and general bleakness of life in the U.S. is just too […]

No, you aren’t automatically saving money by working from home. Here’s how much it’s costing you

BY MEGAN LEONHARDT Lunch-flation. Soaring gas prices. Updating your work wardrobe. It’s no wonder many U.S. workers are resisting employer demands to […]

Tech war: US-EU united front on tech to erode China’s supply chain advantages, analysts say

The united front in trade and tech forming between Washington and Brussels is likely to impede China’s access to advanced […]

Real-Time Market Monitoring Finds Signs of Brewing U.S. Housing Bubble

Real house prices—prices adjusted for inflation—have steadily increased in the U.S. since 2012. Further acceleration in the pace of house-price […]