Glenn Blogs

Let’s cut to the chase — in the 22 most aid-dependent countries in the world, when aid money comes in, a lot of it just… vanishes into offshore accounts. Here’s the wild stat: in any quarter where a country gets aid worth 1% of its GDP, deposits in offshore tax havens jump 3.4% compared to countries that didn’t get aid. And guess what? There’s no increase in deposits in normal banks. So unless everyone suddenly decided to open savings accounts in the Cayman Islands for fun, that’s basically aid money being parked overseas. The World Bank says 7.5 cents of every single aid dollar ends up offshore — and that’s just what’s visible. If the aid is bigger — say 3% of GDP — the leak jumps to around 15% . Translation: the more you give, the more gets stolen. Madagascar’s Numbers Are Insane Madagascar is one of the big aid receivers. Over 30% of its overseas deposits are sitting in tax havens — about $200 million worth. And the country’s GDP? Only $15 billion. To make it worse, quart...

 People love to say Africa is “rich in resources.” Sure — but per person? It’s a different story. And when you add debt traps, IMF conditions, and foreign companies taking the best bits, you get a model that’s basically structurally doomed . Sudan is the perfect case study for how this works. How the IMF Plays the Game The IMF’s governance structure gives the biggest voting power to countries with the most money — the U.S. has 16.5% of the votes, Japan 6.1%, China 6%. That means the rich countries set the rules. In Sudan’s case, those rules have been brutal: 1987 : Currency devalued by 44% — inflation explodes, purchasing power collapses. 2021 : Another massive devaluation — prices for basics go through the roof. Fuel subsidies cut — hitting the poorest households the hardest. The IMF sells this as “reform” to attract foreign investment. But the reality? Sudan’s pound loses over 90% of its value every decade , and the country gets poorer. Why Sudan Was an Easy T...

Internatioal studnets doubled in numbers over the years for cheap higher quality education and international students are charged in USD euro not turkish lira making colleges make money Turkey's Currency Collapse: How to Think Beyond Selling Off the Lira In 2018, Turkey’s currency, the Turkish Lira (TRY) , suffered a dramatic collapse . The Lira lost over 30% of its value against the US Dollar, shaking the country’s economy and sending shockwaves through the global markets. Currency traders , as expected, immediately acted by selling off the Lira to lower their exposure and diversify risk . But in times of currency turmoil , is the default strategy to simply sell off the currency? Or is there a better way to manage risk, especially if you're an investor looking to capitalize on the situation rather than just protect yourself? Let’s take a deeper look at Turkey's currency crisis , its causes, and why a more strategic approach—like investing in local assets tied to foreign...

  UK Inflation and Recession: What's Up? The Surge of Inflation: A Post-Pandemic Reality Inflation Defined: A sustained increase in prices of goods and services, beneficial at 2-3% but harmful at double digits like the UK's 11% post-pandemic. Root Causes: Increased food and energy bills, driven by the pandemic's aftermath and the Russia-Ukraine war. The war's impact on oil prices and food supply chains led to higher costs for essentials like fertilizers and animal feed (cost-push inflation). Consequence: A supply-demand mismatch, pushing prices upward and fueling inflation. : Interest Rates: The Double-Edged Sword Strategy: To combat inflation, the UK raised interest rates from around .3 to 5.25%, aiming to curb the rise in living costs by reducing spending power.    Impact on Households: Higher interest rates mean increased mortgage repayments, reducing ability to spend as a lot money is spent on mortgage repayments.   (ex.  To calculate how a change in...

  Moody's Investors Service Standard & Poor's (S&P) Fitch Ratings DBRS Morningstar Kroll Bond Rating Agency What are they? We have all heard about government bonds right? How safe are they to invest. Well, it is a known and head fact that US government bonds are the safest to invest in. This leads to them having a high credit rating issued by credit rating companies above. The top 5 are those that are listed above. So why are these companies so significant. The rating these companies give to the bonds directly impacts investor confidence regarding the bond. Lower the confidence higher the interest rate to be paid on the bond Let's take an example regarding the significance of bond rating Country A Country B Triple A rating bond Triple B rating bond yield rate = 3 percent yield = 6 percent 10 million dollar...

Detailed Statistics on Immigration into a Country : Include data on the total number of immigrants, their income levels, and prospective income levels. This data can be obtained from government immigration agencies, census data, or immigration surveys. Take in this data and if it is much higher you can predict house prices are going to rise in the future Number of International Students Coming into a Country : Incorporate information on the total number of international students and the percentage of students who remain in the country after graduation. Data on international student enrollment can be obtained from educational institutions and immigration authorities. Their salaries, their stays, and expenses can affect housing prices. If more graduates are coming There can be an upward trend in the price of houses. Number of People Leaving the Country : Include data on emigration rates and reasons for leaving the country. This information can be gathered from immigration records, exit s...