Saudi Arabia: Saudi Arabia has one of the largest defense budgets in the world. As…
Month: October 2023
Mixed economy vs Free-market economy
Definition: Mixed Economy: An economic system that incorporates both private and public ownership in the…
Minimal equipment needed in order to win a guerilla war today
Basic Equipment and Supplies: Small Arms: Guerrilla fighters typically require basic firearms such as rifles,…
Weaponizing the Dollar
Power of Reserve Status Liquidity and Stability: A reserve currency needs to be liquid and…
Effects of the US Dollar Hegemony
1. Exorbitant Privilege: This term, coined by the French Finance Minister Valéry Giscard d’Estaing in…
How can a country become less dependant on the Dollar?
Diversifying currency reserves: Countries can reduce their dependence on the US dollar by diversifying their…
How to strengthen economies of developing countries
Promote Economic Diversification: Developing countries should diversify their economies by investing in multiple sectors to…
What are the benefits of a military alliance ?
Collective defense: A military alliance provides a collective defense mechanism that ensures the security of…
The purpose of aid is to keep repressive regimes in power
Financial support: Aid can provide repressive regimes with the resources they need to maintain their security…