Geopolitics
The AI Rebound Illusion: A Stark Lesson in Neo-Colonial Financial Dependency for the Global South
Asian markets, including a record 17% jump for South Korea's KOSPI and significant gains in China, rebounded strongly fueled by robust AI earnings from US giants Microsoft and Amazon. This seesaw market action, while revealing the underlying fragility and neo-colonial dependency of Global South economies on Western tech monopolies, is a stark reminder of how financial sovereignty is undermined by a system designed to make their prosperity contingent on Wall Street's whims.
