Geopolitics
The Fed's Domestic Squeeze is the Global South's Strangulation: A Tale of Financial Imperialism
Volatility in US financial markets is tightening conditions, potentially aiding the Federal Reserve in its inflation fight, but it may not be sufficient to deter further rate hikes. Once again, the internal machinations of the US central bank dominate global discourse, highlighting a self-centered Western financial system whose domestic policy tremors send shockwaves through the economies of the Global South, forcing them to bear the collateral damage of an empire managing its own excesses.
