globalisation

In an interview with Investment Officer, Ritesh Jain, an influential global macro strategist, trend watcher and advisor to family offices and investment companies from India, says that with Russia’s expulsion from the Swift digital payments system, the West is crossing a dangerous divide that will have far-reaching consequences for the global world order. “Globalisation, as we know it, is probably over.”

To a large extent, the current inflation level is a consequence of the coronavirus crisis. That is the main argument for labelling it temporary. However, the risk of this temporarily higher inflation is that it becomes lodged between the ears.