“To follow the Silk Road is to follow a ghost. It flows through the heart of Asia, but it has officially vanished leaving behind the pattern of its restlessness. The road forks and wanders wherever you are. It is not a single way, but many: a web of choices” – Colin Thubron, author of the “Shadow
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Chasing cheap gas comes at a cost
I encourage you to take a short interactive quiz to see if you are able to manage an energy crisis in a hypothetical European country. Find the link to the quiz at the end of this article! “All events are linked together in the best of all possible worlds” Dr. Pangloss in Voltaire’s novel “Candide”
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The short-term effect on the population and financial markets “We live in a time of paradox and uncertainty. It is a paradox that, in a period of economic growth and low unemployment, households face a cost-of-living crisis and poverty is on the rise.” – His Majesty King Willem-Alexander of the NetherlandsSpeech from the Throne 2022
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In recent months we have often heard the words “approaching recession” being thrown around in the media. Although recessions occur naturally – on average, once every four years – they have a strong negative connotation for most of us. Let’s dig into this claim and see what to expect in the coming months. Economic recessions
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