SoBasicallyAmerica’s Debt CeilingOn January 19, 2023, the United States federal government owed a total of $31.4 trillion to Treasury security (Treasury bills, Treasury…Feb 11, 2023Feb 11, 2023
SoBasicallyThe Fracturing of Adani GroupWith a net worth of nearly $150 billion, Gautam Adani is the world’s wealthiest Indian. What’s more impressive is his humble beginnings; he…Feb 11, 2023Feb 11, 2023
SoBasicallyWhat are Hedge Funds?Citadel LLC reported a $16 billion profit in 2022, the largest ever for a hedge fund. This represented a 38.1% return for investors, but…Feb 11, 2023Feb 11, 2023
SoBasicallyFTX’s CollapseAs if the three major bankruptcies earlier this year weren’t enough, the crypto markets recently had to deal with yet another meltdown. Sam…Dec 9, 2022Dec 9, 2022
SoBasicallyTrade Policy in the Developing World, Part 2In our last article, we explored the debate regarding trade policy in the developing world and what economists Ha-Joon Chang and Joe…Nov 20, 2022Nov 20, 2022
SoBasicallyTrade Policy in the Developing WorldAlthough it is generally accepted that trade liberalization tends to yield net benefits, there is some debate over when a country ought to…Nov 20, 2022Nov 20, 2022
SoBasicallyThe 2022 Nobel Prize in EconomicsAt a time when the CEO of JPMorgan Chase, Jamie Dimon, warns of a world recession in 2023, announcing the year’s Nobel Laureates in…Oct 15, 2022Oct 15, 2022
SoBasicallyThe UK’s Troubled EconomyLast week has brought nothing but dread for UK citizens as they watched their pound sterling tumble in value, supply chains break down with…Oct 9, 2022Oct 9, 2022
SoBasicallyThe Ethereum MergeOn Wednesday September 14, 2022, the world’s second largest cryptocurrency had officially upgraded to a new-and-improved network for it to…Sep 24, 2022Sep 24, 2022
SoBasicallyBrexitOn June 23, 2016, a vote was held across the United Kingdom asking citizens if they wanted their country to remain in the European Union…Sep 17, 2022Sep 17, 2022