I’d like to discuss the dynamics of global economic power, starting with a nation’s three key accounts, then examining how Trump’s trade policies shape America’s financial standing in contrast to Europe, and finally reflecting on the deeper implications. The three accounts—current account, capital account, and financial account—are like a country’s financial ledger, tracking the inflow … Continue reading Understanding Global Economic Power through the Three Core Accounts
Tag: Capital
The Ultra-Contemporary Art Market: A Theater of Emotion and Capital
In 2024, the Ultra-Contemporary art market—focusing on works created by emerging artists within the past two decades—underwent a dramatic transformation, shifting from frenzied expansion to notable contraction. Once heralded as a symbol of cultural liberation and market democratization, this sector represented the vibrant, political, and digitally attuned sensibilities of a younger generation. It seemed to … Continue reading The Ultra-Contemporary Art Market: A Theater of Emotion and Capital


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