Most important stories of 2023: Gaza, Ukraine, China, BRICS, dedollarization, bank crises, inflation
Geopolitical Economy Report
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Banking Turmoil and Geopolitical Shifts in 2023
This chapter analyzes the banking crises of 2023, focusing on the consequences of rising interest rates set by the Federal Reserve and the collapse of Silicon Valley Bank. It critiques the regulatory frameworks that protect wealthy interests while fueling public outrage over perceived inequities in the financial system. Additionally, the chapter explores the geopolitical dynamics involving the U.S., China, and other nations, highlighting shifting alliances and economic strategies amidst increasing global tensions.
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