In the conflict between "West" and Russia/China the key element is the risks associated with international trade. I mentioned in this blog that China has a strategic hold of the Malacca strait and is able to block it any time. A similar situation is observed with the Suez channel with two Russian military strongholds near both sides of the channel. The current blockage of the Suez demonstrates the outcome of a short blockage.
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These are two biggest parts of the Former Soviet Union. To characterize them from the economic point of view we borrow data from the Tot... -
Almost every day, I have a request to publish this paper " Race and gender income inequality in the USA: black women vs. white men...
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