"While the New Washington Consensus offers allies carte blanche on the interventionist economic tools they seek to apply domestically, it’s up to them to “crowd in” private investment and find fiscal space." Our new dispatch: phenomenalworld.org/analysis/a-new…
The Polycrisis
139 posts
A project by @70sbachchan and @kmac with @phenomenalworld Free newsletter sign-up: eepurl.com/hznd3n We're also here: mstdn.social/@polycrisis
- As recent IEA forecasts signal the end of the #oil era, the threat to oil sales has become existential. "Everyone wants to sell the last barrel of oil, but no one wants to pay much for the privilege of doing so," write @kmac & @70sBachchan. phenomenalworld.org/analysis/stran…
- If you missed the de-risking panel, a recording of the event - including Tim's industry policy astronaut meme introduction - will be on JFI's YT channel tomorrow. Big thanks to the panellists, audience and @jainfamilyinst @phenomenalworld staff! youtube.com/@jfi-jainfamil…
- "But the world will not fold neatly into self-sufficient trade blocs led from Beijing, Washington, or Moscow." With all eyes on the US and China, less noticed is that other centres of power are weaponizing trade, writes @frankiedotbond phenomenalworld.org/analysis/testi…
- Thanks to @aygoswami for this excellent schematic diagram, which we used in our latest newsletter about the Paris finance summit.The financial constraints on a developing country are holding so many back from doing more to deal with climate change. phenomenalworld.org/analysis/globa…
- The video of our panel: "Oil and politics in the mid-transition" is up!
- Our latest newsletter explored the EU's response to the US Inflation Reduction Act. It's not just the financing & political constraints; Europe spends differently. @kmac @70sBachchan w/ @phenomenalworld phenomenalworld.org/analysis/the-e…
- "#Trade flows, supply chains, and entire industries are rapidly being reorganized. Free trade led by “cooperative factions” in key countries has given way to “friend-shoring” led by “restrictionist” factions..." Read our latest dispatch⤵️ phenomenalworld.org/analysis/merca…
- "The IMF admits that austerity is—on average—unhelpful. Economic growth is a better engine for shrinking debt burdens. But with the grim growth outlook, the IMF has another prescription: do austerity again, just do it better this time." phenomenalworld.org/analysis/the-g…
- NEW essay by @federico___s and @patrickmbigger "The limited scale of these potential outcomes in part results from treating debt as an issue parallel rather than fundamental to the global financial architecture." phenomenalworld.org/analysis/feasi…
- "The U.S. government seems to be operating under the assumption that Modi’s India can sustain the country as it decouples from Chinese manufacturing. There is little reason to believe that is true." @70sBachchan in @ForeignPolicy
- Securitizing MDB loans seems like a neat, innovative way to expand global south financing -- but it will recreate the same problems already seen with privatization of public assets, writes @advaitarun_ phenomenalworld.org/analysis/secur…
- The transcript of our "Varieties of De-risking" panel with @DanielaGabor @CtheLala @IrvingSwisher @BrusselerMel @JWMason1 is here! phenomenalworld.org/interviews/der…
- "In many respects, it is the synthesis of economic, foreign policy, and political debates stretching back to the Great Recession." New essay by @lachlanrcarey on the origins of green industrial strategy: phenomenalworld.org/analysis/green…



