Tuesday, July 05, 2022

Review: The World for Sale: Money, Power and the Traders Who Barter the Earth’s Resources

The World for Sale: Money, Power and the Traders Who Barter the Earth’s Resources The World for Sale: Money, Power and the Traders Who Barter the Earth’s Resources by Javier Blas
My rating: 2 of 5 stars

Hooter: An investigative journalism piece on how Commodity traders run the world economy

Most of the players are unheard of for the laymen and this book does a great job at bringing them to the fore and how they actually play an impact on the entire geopolitical set up purely based on economics and have been denting a lot of world sanctions and their impact but running around the rule book and helping regimes all over - filling in the gap as and when required. No doubt as market participants there is a positive to it with the wonderful example of oil prices during the worldwide lockdown as consumption went down by 30% overnight and people were paying to get oil of their hands. That said, there are some wonderful examplss over the years of the power these commodity traders have leveraged , but I felt that's what this book became - a collection of different anecdotes of different folks and there seemed to a repetitive strain to it which got monotonous for me after a while.

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