Macroeconomics, or ‘macro’, refers to the study of the behaviour and performance of the economy as a whole. Here you can find a collection of all Wealth Potion articles about macroeconomics and the global financial system.
A few weeks ago, we discussed the historical expression of “Burning the Boats”. Time for another lesson from Ancient History. The term “Crossing the Rubicon” originates from ancient Rome. Julius Caesar led his army across the Rubicon River in 49 BCE, violating Roman law and sparking a civil war. “Crossing the Rubicon” has now become […]
Crossing the Rubicon: The US Dollar and the World Reserve Currency Read More »
August 21, 2023: Panama Canal traffic jam could stoke inflation concerns. There is currently a huge backlog of 200+ ships waiting to cross the Panama Canal due to drought – ships that are carrying millions of dollars of goods. The Panama Canal is a critical trade route that allows ships to pass between the Atlantic
Panama Canal Traffic Jam Could Revive Inflation Read More »
On August 1st 2023, ratings agency Fitch Ratings downgraded US debt from AAA (the highest rating) to AA+ (the second highest rating). Fitch cites the “expected fiscal deterioration over the next three years” and “a high and growing general government debt burden”. The very next day, the US treasury of the US govt increased it’s
#014: US Debt Downgraded from AAA to AA+ Read More »
