Cascading Vulnerabilities: How Climate Change, Financial Bubbles, and Inequality Threaten Systemic Stability

Introduction: An Economic System on the Brink The global economy has entered a period of extreme vulnerability. Climate, geopolitical, financial, and social crises no longer occur in isolation; instead, they interact, reinforce one another, and generate unprecedented systemic risk. Since the 1970s, the dominance of neoclassical and neoliberal paradigms has profoundly restructured global economies. Systemic …

The Strait of Hormuz Crisis: An Energy Disruption with Global Recession Risks

The conflict in Iran is no longer just a regional crisis. By disrupting one of the world’s most vital energy corridors, it now threatens the stability of the global economy. This article explores how geopolitical escalation and fragile economic fundamentals may be converging toward a recession. Steve Keen’s warning: A possible “Trump recession” ahead Analyzing …

Can we still avoid an economic and societal collapse?

The current economic and political situation is very serious and has deteriorated in recent years. This is due to a number of factors, but political and economic leaders have made many mistakes. The global economic system is broken, with numerous failures and imbalances. This note looks at what we can do to try to resolve …

Macroeconomics of the transition to a zero-carbon economy

Reading notes Antonin Arlandis (economist) Humanity is at a historic turning point: it can self-destruct if it fails to resolve the climate and environmental crisis, or it can pull through if it manages to achieve major economic, social and democratic progress in the next few years. This note relies on a review of the economic …