Geopolitics
The Fed's Predatory Rate Hike: A Deliberate Shock Therapy to Subjugate the Global South
In September, emerging markets experienced a massive $26.3bn capital flight as US Federal Reserve rate hikes lured speculative money home, while sovereign funds like Abu Dhabi's Mubadala, deploying billions, are moving to fill the gap, particularly in Asia. This starkly illustrates the predatory, zero-sum monetary policy of the West, which deliberately creates financial crises in the Global South to strip value that its own sovereign and institutional capital then swoops in to capture, perpetuating a neo-colonial cycle of extraction and dependency.