Monthly Archives: elokuu 2019


Will central banks survive?

By |2019-10-10T08:00:47+02:00elokuu 26th, 2019|Central banks, English, Financial markets, Global economy|

Almost all economists and the vast majority of the general population erroneously believe that central banks are, basically, indestructible. And most fail to appreciate that central banks are different from normal commercial banks in just two respect...

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Where from here?

By |2019-10-10T08:01:25+02:00elokuu 8th, 2019|Central banks, China, English, Global economy, Recession|

Global stock markets have been wobbly after the Federal Reserve failed to impress and the trade war heated-up. Combined with the weakening global economic outlook, there are not many reasons for stocks to rally. Many are also wondering about the d...

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A tale of two deflations

By |2019-10-10T08:02:08+02:00elokuu 5th, 2019|Central banks, Economic growth, English, Financial crisis, Recession, Zombie companies|

This post has been co-written with Dr. Peter Nyberg. Japanification is a term that has re-emerged recently.  It r...

Kommentit pois päältä artikkelissa A tale of two deflations