Satyajit Das

Former banker and author of The Age of Stagnation.

Satyajit Das

Rises in rates affect interest expense quickly, and the US government must refinance around a third of its debt every year, creating a substantial risk of a disruption which would trigger a major credit or currency crisis.

Why public debt is threatening private pockets

21 Sep 2026

4 min read

For foreigners, the shift is problematic because the US holds “all the cards”

Trump waging a capital war to pay for profligacy

11 Sep 2026

4 min read

Currency intervention rarely works, and its effects are temporary

Far East prop that averted a global domino

19 Aug 2026

4 min read

F Scott Fitzgerald was wrong believing "there are no second acts in American lives”

A U-turn for the US in its 250th birthday

24 Jul 2026

4 min read

Burning cash rapidly, with large unfunded commitments, space and AI businesses are all dependent on uncertain funding access

Techno bubble blooms again in amnesiac rush

10 Jul 2026

4 min read

US actions perversely encourage foreign self-sufficiency isolating America

The spectacular self-goals of Trumponomics

23 Jun 2026

4 min read

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