Klement on Investing cites Maurer et al. (2026) detailing trade effects for closures of the Panama, Suez, and Malacca Canals plus openings of the Thai Canal and Northwest Passage.
Brad DeLong argues widening hyperscaler CDS spreads signal real risk, noting founder-controlled firms have only 0.6 percentage points of spread.
In many countries, it is shrinking
It can still benefit from the economist’s ideas
Samsung and Micron invest millions in U.S. pipelines while hiring aggressively in Asia with $500,000 bonuses amid a projected 157,000 worker shortage by 2030.
Principal says Asian fixed income is supported by a capex boom and shrinking dollar supply.
Brad DeLong cites Owen Zidar and Eric Zwick to argue local business owners like Yakima orchardists form a gentry elite ten times richer than the Forbes 400.
Doomberg argues that while resource wealth should benefit local consumers, fairness often fails to optimize risk capital needed for extraction, making government intervention the determinative variable for political success. The author cites Angola's July 2025 decision to raise diesel prices by one-third, which triggered a three-day strike, 30 deaths, 277 injuries, and over 1,500 arrests, yet the government maintained reduced subsidies. Doomberg contrasts this with the Permian Basin, where 23 bcf/d of gas swamps local demand allowing fuel to be given away, against Alberta's 11 bcf/d production where 7 bcf/d is consumed locally. The text highlights Alberta Premier Danielle Smith's challenge in balancing cheap gas sales with voter support amidst a separatist referendum and trade war, noting a recent cabinet leak regarding her contemplations on navigating these energy dilemmas.