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View all search resultsThe puzzle of why the Trump administration is so concerned with a falling yen has historical parallels not to the 1930s or the 1980s, but to the 1960s, when US officials feared that a crisis elsewhere could spread to America. With US bond yields spiking, Treasury Secretary Scott Bessent is getting desperate.
As geopolitical crises bring the global economy to its knees, tinkering with interest rates won't save failing currencies—only a structural overhaul of a nation’s foundational "5Es," starting with energy self-sufficiency, can weather the storm.
By shifting the focus from rigid gross export receipts to true, economically retainable value, this analysis challenges the structural assumptions underlying Indonesia's aggressive 100 percent natural resource repatriation policy.
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