As long as the world economy retains faith in the omnipotence of the U.S. dollar as the commodity in highest demand, the internal costs for the American economy will be offset by profits in foreign markets, providing the U.S. financial system with relative stability
The March
collapse
of three major U.S. banks—Signature Bank, Silicon Valley Bank (SVB) and Silvergate Capital—coupled with a sharp
decline
in the market value of Wall Street financial titans, such as JPMorgan ...
... long waves
. Although the latter method was laid to rest back in the late 1980s, it remains uncharted territory for many Russian commentators.
Meanwhile, much more valuable for long-term forecasting is not market-oriented but rather draws on the global financial system’s structure, i.e. basic elements of the global financial architecture that will define the direction and quantitative parameters of financial flows’ future dynamics. Scenario-based forecasting in this area resembles a prediction ...
The future of the global financial system
In recent years, shock, anxiety, a sense of uncertainty, and growing instability in business and politics have become decisive in the life of the world, countries and individuals. The hopes of Russians that after the all-round turbulent ...
