Where finance and media intersect with reality


WW3 Watch: Monetary policy during wartime

I’ve been trying to figure out what happens to a modern financial system in a global wartime framework, especially a financial system as interconnected and extended as the Western one. How would the system cope with national-scale food, energy and good shortages during a period of martial law? How would the transfer capital away from […]

In the Blind Spot today (Polish sanctions, Biolabs, Covid)

Finance, economics, markets… Goldman’s GQG fund has cut Russian exposure to $222m. This follows the IPO of GQG Partners on the ASX in October 2021, where it was valued at $5.9bn (AUD) and priced at $2 per share. It’s now trading at $1.2 per share. More background here. Everybody missed that on February 18, a […]