Introduction

Today we kick-off a new three part series that looks at the state of the big economic blocs in the world. Part one is the state of the US as it enters an election year. Plus we scan the UK and the EU, briefly. We call this world the NATO-sphere for obvious reasons. Next up in this series, we will deal with the impact of AI and third we will look at China the link between economics & liberalism. Our first conversation is around US economy, the rate of interest, inflation and the miracle of recent US economic performance, which is challenging our understanding of macroeconomics.

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