All posts by Sumeet Dhatt

LEVIATHAN – Rise of Central Banking, And: A retrospective analysis of the COVID-19 crisis

Written By: Sumeet Dhatt

“[Leviathan] comes into being when its individual members renounce their powers to execute the laws of nature, each for himself, and promise to turn these powers over to the sovereign—which is created as a result of this act—and to obey thenceforth the laws made by this sovereign.” – Britannica on Thomas Hobbes’ Leviathan [4].

During the COVID-19 pandemic, the role of the central banks across the world, for instance, the United States Federal Reserve and Canada’s Bank of Canada, became increasingly relevant to all of our lives. Central Banks are a core aspect of our economy, as such it is important to not only know their role within our economy and how their decisions impact us today, but also how and why they became prominent in today’s modern economy.

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The Russia-Ukraine Crisis Or: How I Learned About Economic Deterrence

Written By: Sumeet Dhatt

Happy Xmas (War is Over)

Christmas Day, 1991 – The United States watches as the golden hammer and sickle that once flew over much of the East, representing the antithesis of their ways of life, is lowered from the Kremlin for the last time—the Soviet Union has collapsed, Merry Christmas, the war is over. In its ashes rises the newly democratic and independent states of Ukraine and the Russian Federation (7).

Over the three decades since the collapse of the Soviet Union, NATO – the North Atlantic Treaty Organization created to promote democratic ideals through political and military means – has expanded their influence, and are closing in on the Kremlin. The Russian Federation, formerly the head of the Soviet Union, watches as their once large sphere of influence reduces to ash.

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How The Great War Changed Canada – An Economic Perspective

Written By: Sumeet Singh Dhatt

June 28, 1914: Archduke Franz Ferdinand has been assassinated triggering the start of a four-year-long conflict unlike the world has ever seen before, the Great War (10). These next four years will see the death of millions, as well as the rise and fall of nations and empires.

The Dominion of Canada, under the rule of Great Britain, fought alongside the allied powers including France, Russia, and the United States (10). Over the next four years, the young nation will step into its own, showing to the rest of the world that it’s more than just a colony and that it deserves representation on the global stage.

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