Author name: Augusta Oakey

Augusta Oakey is an investigative economic researcher who specializes in dissecting the intricate and often obscured connections between market forces, policy decisions, and institutional power. Her work is characterized by a rigorous, evidence-based methodology that delves into complex financial data, corporate structures, and global supply chains to uncover systemic truths. She operates with a foundational belief that economic systems are not abstract concepts but powerful engines built on specific choices, and his analyses are dedicated to exposing the mechanisms, incentives, and real-world consequences of those choices for the public.

Economics, News

The Great Wealth Transfer: How the Top 1% Is Reshaping the Global Economy

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Over the next few decades, an unprecedented flow of assets will pass from older generations to their heirs. In the United States alone, analysts estimate nearly $124 trillion in assets will “change hands” by 2048, a sum many call the largest intergenerational transfer in history. Globally, banks and consultancies project on the order of $80–100 trillion will shift from Baby Boomers to Gen X, Millennials and Gen Z in coming decades.… Read more
Economics, News

Over 2 Million Jobless College Graduates: What the Numbers Reveal About America’s Education-to-Employment Crisis

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The latest labor-market data paint a troubling picture: well over one million Americans with bachelor’s degrees remain jobless, a count that is growing and stands near all‑time highs. BLS surveys show that as of late 2024 roughly 1.5 million workers aged 25+ with a BA or higher were unemployed – and by mid‑2025 that number approached nearly 1.9 million. This surge far exceeds the historical norm. For example, on the eve of the pandemic (2019) the number of unemployed college-educated workers was closer to 1.2 million.… Read more
Economics, Finance, News

Dollar Supremacy Fades as Global South Turns Away

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The U.S. dollar has long held an outsized role in global trade, finance, and reserves, a status cemented after World War II and amplified by the petrodollar arrangements of the 1970s. Under the Bretton Woods system (1944–1971), the dollar was pegged to gold and became the linchpin of international finance. After President Nixon ended dollar–gold convertibility in 1971, the United States struck agreements with oil-exporting nations (notably Saudi Arabia) to price oil in dollars and reinvest oil revenues in U.S.… Read more
Accounting

Why Governments Love Debt – and Need You To Fear It

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The article “Why Governments Love Debt – and Need You To Fear It” investigates the paradox that while politicians warn citizens about the dangers of public debt, governments themselves depend on borrowing to sustain their economies and political agendas. It explains how national debt serves as both a tool of growth—funding wars, infrastructure, and welfare—and a political weapon used to justify austerity and control public perception. Through the lens of the U.S.,… Read more
Economics, News

From Dollars to Yuan: Africa’s New Debt Strategy Amid Rising U.S. Rates

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African nations have quietly begun restructuring their China debts in yuan, aiming to cut costs and dampen currency risk. In October 2025, Kenya’s finance minister announced that three railway loans – originally borrowed in U.S. dollars – had been converted into Chinese yuan, immediately trimming the country’s interest burden by about $215 million per year. Shortly afterward, Ethiopia’s central bank revealed it was in talks with China to swap a portion of its roughly $5.38 billion owed into yuan.… Read more
Economics

The CEO-to-Worker Pay Ratio: A Barometer of U.S. Economic Inequality

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In the United States today, corporate CEOs earn hundreds of times more than their workers. In 2024, the average chief executive of an S&P 500 company took home about $18.9 million in total compensation – roughly 285 times the pay of a typical employee. For context, in 1965 top CEOs made only 21 times as much as the average worker. This stark metric, known as the CEO-to-worker pay ratio, has surged over the decades and become a flashpoint in debates about economic fairness.… Read more
Finance

Can Digital Currencies Weaken U.S. Financial Dominance? The Yuan, Rupee, and BRICS Alternatives

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This article examines how the Global South—especially China, India, and the BRICS bloc—is actively working to reduce dependence on the U.S. dollar by developing digital currencies, alternative payment systems, and localized trade mechanisms. It explains why post-2020 geopolitical tensions, sanctions, and financial vulnerabilities have intensified the desire for monetary sovereignty. The piece analyzes China’s digital yuan, India’s digital rupee, bilateral currency settlements, CBDC pilots, mBridge, BRICS financial cooperation, and de-dollarization strategies.… Read more
Business and Technology, Economics

Tech Resilience Under Sanctions: How Iran, North Korea, and Russia Innovate Without U.S. Platforms

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Heavily sanctioned nations such as Iran, North Korea, and Russia have been forced to develop creative strategies to keep their digital ecosystems running in the absence of U.S.-based software, platforms, and apps. Cut off from many Western technologies by legal restrictions or corporate pullouts, these countries employ a mix of government-driven programs and grassroots workarounds to bridge the tech gap. Major domains of impact include everyday communication, operating systems, cybersecurity, productivity and office software, financial technology (fintech), e-commerce, education, scientific research, and cloud infrastructure.… Read more
Economics

5y5y Inflation Explained: How Markets Predict Future Inflation, And Why the 10y10y Matters Too

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Financial markets have their own language, full of cryptic shorthand that can intimidate even seasoned readers of economic news. One such term — 5y5y inflation — often appears in central bank briefings, bond market commentary, and analyst reports. But what exactly does it mean, how is it calculated, and why do economists and investors care about it so much? This article breaks down the 5y5y concept, shows how it reflects market expectations of future inflation, and explains why related terms like 10y10y also matter.… Read more
Economics, News

Healthcare Billing Nightmares: Why Your $6K Deductible Feels Like a Scam

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Across America, ordinary patients are finding themselves crushed by bewildering medical bills. Investigations have unearthed stories of seemingly routine care resulting in absurd charges: one woman was billed nearly $18,000 for a simple urine test; a mother received a $550,124 bill for her infant’s intensive care stay despite having insurance. Patients are left stunned and angry – as one recipient put it, “I was totally confused. I didn’t know how I was going to pay this”.… Read more
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