Any tolls in the Strait of Hormuz will be the new threat to maritime countries and global trade. The idea of imposing a fee on ships and cargo passing through the Strait of Hormuz is not just another proposal to impose an economic burden....
George Atsalakis
George S. Atsalakis is an Associate Professor at the School of Production Engineering and Management of the Technical University of Crete. He is an Economist graduate of the Athens University of Economics and Business (formerly A.S.O.E.E.). He holds a Master's Degree in Organization and Management from the Technical University of Crete. He also holds a PhD from the Technical University of Crete in Stock Market Forecasting and is a member of the Data Analysis and Forecasting laboratory.
He is the author of more than 100 scientific papers that have been published in prestigious international scientific journals, in international conferences, etc. and more than 400 newspaper & magazine articles.
He has written many hundreds of articles on New technologies, Inflation, energy crisis, food crisis, money markets, stagflation, pandemic, cryptocurrencies, Silk Road, public debt, 4th industrial/technological revolution, entrepreneurship, artificial intelligence algorithms, economic megacycles, innovative societies and economies, public financial financial analyses, economic importance of the country's energy reserves, public expenditures, state budget, global debt, cost of living, economic development which have been published in pan-Hellenic newspapers such as Kathimerini, To Vima, Ta Nea, the Shipping, in magazines such as In-On, Cretan Business, Geopolitics, Epikaira, GR DIPLOMATIC REVIEW, Insurance Marketing, Business Administration Bulletin and on various information websites, i-efimerida, liberal.gr, Huffingtonpost.gr, etc.
He has participated in over 400 television and radio interviews and discussions on the topics related to the economic crisis and economic development, tourism, new technologies, covid-19 forecasts, the Silk Road, etc. He is the author of the books: a) Stock Market Forecasting Techniques, Keydarithm, Athens, 2008, b) Simple Logics of Restructuring the Economy and Businesses, Keydarithm, Athens, 2013. Also, together with 12 other professors, he is co-author of the book on Public Debt " Greek Debt the Perpetuation of the Problem"
He is the author of more than 100 scientific papers that have been published in prestigious international scientific journals, in international conferences, etc. and more than 400 newspaper & magazine articles.
He has written many hundreds of articles on New technologies, Inflation, energy crisis, food crisis, money markets, stagflation, pandemic, cryptocurrencies, Silk Road, public debt, 4th industrial/technological revolution, entrepreneurship, artificial intelligence algorithms, economic megacycles, innovative societies and economies, public financial financial analyses, economic importance of the country's energy reserves, public expenditures, state budget, global debt, cost of living, economic development which have been published in pan-Hellenic newspapers such as Kathimerini, To Vima, Ta Nea, the Shipping, in magazines such as In-On, Cretan Business, Geopolitics, Epikaira, GR DIPLOMATIC REVIEW, Insurance Marketing, Business Administration Bulletin and on various information websites, i-efimerida, liberal.gr, Huffingtonpost.gr, etc.
He has participated in over 400 television and radio interviews and discussions on the topics related to the economic crisis and economic development, tourism, new technologies, covid-19 forecasts, the Silk Road, etc. He is the author of the books: a) Stock Market Forecasting Techniques, Keydarithm, Athens, 2008, b) Simple Logics of Restructuring the Economy and Businesses, Keydarithm, Athens, 2013. Also, together with 12 other professors, he is co-author of the book on Public Debt " Greek Debt the Perpetuation of the Problem"
My Articles
The US-China meeting and the new geoeconomics
The upcoming meeting between the presidents of the United States and China is not just another diplomatic encounter between the world's two largest economies. It is a meeting that comes at a time when the global economic system is changing...
The US-Iran deal and the clash of civilizations
The recent agreement between the United States and Iran is not just another diplomatic settlement over Tehran's nuclear program. It is an event with much deeper geopolitical, geoeconomic, and cultural implications. Behind the...
Inflation at the beginning of economic megacycles
The history of the global economy shows that periods of transition from one economic megacycle to a new one are almost always accompanied by intense inflationary pressures, geopolitical upheavals, social tensions and profound changes in the production model.
The dollar, the Turkish lira and the new global currency war
The global economy is entering a new period of financial instability, with the dollar returning to the center of international power. Despite constant predictions of de-dollarization and efforts by BRICS, China and other emerging powers...
A seismic shift in global energy markets
There is a deep connection between energy and human history and the role it has played in economic development and quality of life. Energy underlines its vital importance in the evolution of humanity, both in terms of cultural development and...
The lessons learned in the Middle East after the Iran war
The greatest danger to a state is not the enemy in front of it, but the bill that will come after. The Iranian regime, convinced that it could dominate the Middle East and revive its once imperial ambitions, was emptying its...
Markets are more sensitive targets than military bases.
The economy cannot exist without security. War does not simply disrupt trade but transforms geography itself into a strategic tool, allowing control of access points to be exploited for economic and political gain by powers that...
The strategic economic impact mechanism of the Strait of Hormuz
Examining the economic dimensions in the Middle East can reveal how the conflict will evolve, because each country is forced to make specific decisions based on the facts and its geographical location. What is currently happening in Iran,...
The next day in Iran
Those who remember the oil crises after 1970 understand well how energy instability translates into everyday life: queues at gas stations, soaring prices, pressure on the cost of living and ever-shrinking business margins. So what will happen...
The Indian Silk Road (IMEC) and the EU-India agreement
The first transport of a container covering the entire supply chain was recently carried out from Mundra (India) by sea to Jebel Ali in the United Arab Emirates, from there by rail to Saudi Arabia and Jordan, Israel...
Greenland: The Polar "Silk Road"
The rapid melting of sea ice in the Arctic Ocean is transforming the polar region from a remote geophysical environment into a critical geopolitical and economic hub in a matter of years. New sea routes—the Northern Sea Route, the...
Bitcoin vaults are collapsing with a bang
Bitcoin dictates: freedom or protection. You can't have both. Bitcoin promised freedom from central bank control and it delivered. But it also stripped away the safety nets that investors rely on. Bitcoin wasn't...
What's really happening in Greenland?
Greenland is at the center of a new strategic realignment, raising the question of what the US "demand" really means and what are the implications for Europe, NATO and the Greenlanders themselves? The recent episode is part of a...
Venezuela: The oil "curse"
Before the end of the decade in the 1980s, Venezuela was a miracle. It had a stable democracy where power changed peacefully every five years. It had a growing middle class that owned cars and houses. And above all, it had oceans of oil. The...
In Venezuela, the world is changing forever.
In its modern version, the Monroe Doctrine, originally formulated in 1823, corresponds to a continuing effort by the United States to secure its economic infrastructure, energy flows, and sea lanes, and will not hesitate to take action in the other countries of the American...
Artificial Intelligence and Management Accounting
Introduction The explosive growth of data is reshaping management accounting, shifting it from traditional sources of information to a more analytical approach. The use of both structured and unstructured data enhances decision-making and...
China's ambition for a new world system and the contradictions
The Shanghai Cooperation Organization summit was the platform from which Xi Jinping presented the idea of a new global security and economic system. This initiative is not just a diplomatic move, but an attempt by China to...
The Trade War That Became an Alliance: How US-EU Tariffs Are Reshaping Global Trade
The idea that free trade is always and everywhere beneficial is a theoretical construct with no practical application in the global realities of the 21st century. The US, the guardian of free trade, had imports in 2024 of $4,11 trillion and exports of $3,19 trillion...
The Zangezur Trade Corridor
The so-called "Zangezur Corridor" has emerged as one of the most critical geostrategic hubs in the South Caucasus region. Although it is officially presented as an infrastructure project aimed at facilitating transit trade between Azerbaijan and...
The importance of a war that decides the future of the Middle East
Strategically, we see the narrative that democracies are doomed to react and pick up the pieces, while authoritarian regimes pull the strings from a position of strength, being overturned. Israel showed preemptive boldness and used air power,...
The Indian "Silk Road" IMEC in the new US world order
Countries with imperial pasts and authoritarian regimes, such as Russia, Iran, China and Turkey, have been disrupting global peace since the beginning of this century. If analyzed in terms of their imperial aspirations, it becomes clear how these new powers...
What's behind the US policy of "Drill, Baby, Drill"?
The continuation of the article Despite high interest rates and pressures, Russia maintains a low budget deficit (below 3%). The reason is that, on the one hand, energy exports —mainly oil— continue to generate sufficient revenue for the government, on the other hand, the...
What's behind the US policy of "Drill, Baby, Drill"?
A) US energy policy Recent US energy policy focuses on increasing domestic hydrocarbon production. At the heart of this policy is the so-called "drill, baby, drill", which essentially...
The modern Silk Roads
In the shadow of ancient caravans crossing vast deserts and ships anchoring in the harbors of distant islands, the new Silk Roads emerge as symbols of our modern era. This book is an adventurous exploration of how the...
Cosmogenic upheavals of the US on the planet
The world is changing dramatically. Russia has lost its position as a major military power. China faces economic and strategic dead ends. Europe is not united, it is confused, it is weak as it continues to compete among its members. The...
The US Global Tariff War
US Secretary of State Rubio, in his recent interview, explained that American foreign policy has lost its direction in recent years, as the US has tried to solve every global problem, instead of focusing on its own...
"Digital Aristotle" and artificial intelligence
The future of education is a topic of constant concern to educators, technologists, and social scientists, as the way we shape the education system has profound implications for our society and culture. With the rapid...
Quantitative technical intelligence in the new economic megacycle
The analysis of 2024 as a critical period for the global economy is associated with the completion of an important economic megacycle and the beginning of a new one. Economic cycles, which usually include phases of growth and stagnation or recession,...
Geoeconomics and Geostrategy of Crete
The third part of the article The geo-economic position of Greece Greece is a small country with about 80% of its territory covered by mountains. But it is a country with a very large area in history and culture. Greece, through the wealth of...
Geoeconomics and Geostrategy of Crete
The second part of the article Global Conflicts Today, a competition characterized by high disruption and low cooperation, and characterized by competition between different cultures, disguised as...
Geoeconomics and Geostrategy of Crete
The Importance of Geography The approach of an integrated way of viewing the world through the prism of geography underlines the critical importance of geographical space, as a determining factor for understanding social structures, politics,...
Elections and India's new role
Western relations with India are on an upward trajectory, with strategic, economic and ideological interests driving closer cooperation between their democracies. The partnership is driven by several key factors, each of...
What does the Chinese president ask for in Europe?
The economic landscape in China has experienced significant changes, which are increasingly difficult compared to the era of rapid growth in previous decades. This transformation is characterized by restraint in economic growth, a phenomenon that...
Economic impact of Iran's strike on Israel
The failure of Iran's strike on Israel demonstrated that countries' power has come to be determined by their ability to develop new technologies faster and more efficiently than rivals. The new technologies developed by the...
What drives up the price of gold?
The price of gold is affected by a complex interplay of factors, reflecting its status as a multi-layered asset that serves as both a commodity and a financial instrument. Here's an overview of the primary factors...
Economic policies of wealth redistribution
There are many economic policies that transfer wealth or deprive a country's citizens of wealth. Many countries that follow such policies while having wealth from trade surpluses, do not spread it to their citizens to improve their lives but...
Alexander the Great the pioneering economist
While detailed analyzes of Alexander the Great's economic tactics are less well documented compared to his military pursuits, several fundamental principles highlight his attitude toward financially supporting the expansion of...
The dispute between India and China on the maritime "Silk Roads"
The maritime "Silk Roads" carry over 90% of East-West trade. Less than half a century ago, India embarked on a path of economic growth by isolating itself from the world market, a strategy that ultimately proved...
Investments are leaving China
For the first time in two decades, Mexico has overtaken China as the United States' top source of imports, underscoring deepening economic ties between the neighboring countries amid a changing global geopolitical landscape. According...
Houthi, India and Silk Roads
As the long 2024-year cycle of the economy changes in 56, it will become increasingly apparent that India will emerge as a powerful force threatening the China that developed in the previous cycle. China sort of engages India on its northern border to...
Huge economic risk in the Red Sea
The situation in the Red Sea involves huge economic risks, it is not easy to predict where it will end up and it concerns the EU and the West in general and our country. The change of US strategy in the Middle East in 2021, after the election of...
Imitation is an essential way of learning for children and has a profound effect on their development
Imitation for the child is a fundamental model in its human development. From birth and throughout the early years of life, children learn a great deal from observing and imitating those around them - parents, siblings, peers and others...
Davos, inequality and correct information
It is customary every year at the economic forum in Davos to discuss global economic inequality. Indeed, it is a very important issue that every civilized society should be concerned with. Unfortunately, the data presented each year shows a...
Red sea and economic consequences
The Red Sea intersects the Indian Ocean and the Mediterranean Sea as it connects the markets of Europe, Asia and Africa. The strait of Bab el-Mandeb, where the Houthis of Yemen operate, is one of the most important points of the maritime...
The future of Turkey
Turkey's enormous fear comes from the moral burden of having conquered lands that were always inhabited mainly by Greeks and other peoples, and later the Byzantine Empire which continued as the cradle of Greek civilization. This fear grows after…
Projections for launch year 2024
2024 marks the end of the long economic cycle that started in 1968 and lasted 56 years, and also marks the beginning of the new long economic cycle that will also last 56 years. It will be a year of transition from one cycle to...
The artificial intelligence controversy in OpenAI
Artificial intelligence (AI) is poised to go down in history as an industrial revolution on a par with the advent of printing, the railway or electricity. It serves as a catalyst that enhances human creativity,...
The American Legion awarded an honorary distinction to Associate Professor George Atsalakis:
"This certificate of appreciation is gratefully awarded to Dr. Georgios S. Atsalakis Associate Professor, Technical University of Crete in recognition of his contribution to the academic community and society as well as his practical contribution to businesses...
Investment grade: There will be "money"
Countries' needs for borrowed capital in the coming years will be huge. Extra money is needed: for the huge costs of the green transition, to deal with the coming stagflation, to subsidize high energy prices, to...
The economic burdens of geopolitics in the Middle East
As we approach the end of a global development cycle that has lasted nearly 3 decades, it is important to understand that the conflicts involving Israel, Hamas, Ukraine, and Russia are not isolated events, but rather pieces in a...