Debt

Kamil Askerkhanov09.04.2026

The global economy increasingly resembles the final hours of the “Titanic.” Not the moment of impact—that has already occurred—but rather the stage where the hull still holds, the lights are on, the orchestra is playing, and most passengers refuse to fully acknowledge the scale of what is happening. Markets continue to tremble, inflation erodes the […]

Sergey Stankevich09.05.2023

Commentators, out of habit, were flippant about yet another row in the US Congress over the national debt ceiling. They have a tradition. The Republicans refuse to raise the borrowing limit, the government runs out of money in all stash pockets, the parties noisily quarrel, then at the last moment before the default they find […]

Nicholas Erin10.05.2020

Japan’s national debt has hit a new high for a fourth straight year. The Finance Ministry says government debt stood at ¥1,114.54 trillion, or about $10.45 trillion, at the end of March 2020. That’s an increase of about 104.85 billion dollars from a year earlier. Thus, the national debt more than doubles the size of […]

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“Titanic” for the Global Economy

And the Business is Becoming More Serious

Japan’s National Debt Broke Last Year’s Record

The Michael Jackson Biopic is Missing its Most Controversial Story

Madama Butterfly and the Japan of the Western Imagination

The Spanish Civil War at 90: the Republic’s Response

Terminator Is about 80 Years Old