Euro, markka and the exports of Finland
There has been a lively debate on the effect of… Read More »Euro, markka and the exports of Finland
Recession
The downfall of the euro
The massive economic blow caused by the Covid-19 will, most likely, bring an end to the European common currency, euro.
Pillager of the world: The economic impact of Covid 19
The 2019-nCov pandemic has ravaged the world economy since February. On the 9th of March, we published forecasts assessing the likely impact of the outbreak going forward under various scenarios. We will publish updated forecasts in a series of Deprcon Special Issues. This is the first of those updates.
Financial markets are becoming unhinged
The massive emergency easing measures enacted by the Fed over the weekend to inject liquidity into the global financial system are a sign of sheer panic. Both their sheer scale, and radical extent–including cutting rates to zero, $700 billion in new…
The Stages of the Collapse
In this constantly updating blog -post, we follow the path of the crisis put in motion by the coronavirus.
Coronavirus and the world economy
The outbreak of the coronavirus epidemic in China has shaken the global asset markets—and with good reason.
The coronavirus has the potential of being the ‘trigger’ which will push the world into a global depression. Here, we briefly explain why.
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Q-Review 4/2019: Into the Abyss
The economic calm which has succeeded the turbulent conclusion to 2018 was abruptly shattered on the 16th of September. On that day, rates in the repo markets spiked by 248 basis points to more than double the overnight lending rate of the…
Crisis Preparation III: The United States
The U.S. has been an exception in a slowing global economy for the past year. However, it cannot escape the coming global recession and economic collapse.
The destruction of the European banking sector
For some reason, the dire situation of European banks is not causing further alarm. This is strange, as it is the exact place where the new global banking crisis is likely to start.
What makes it even stranger is that recession is approaching the …
Don’t trust the liquidity
There is renewed hope in the markets after central banks, most-recently the ECB and China, have added easing measures. The working narrative is that these will, once again, renew global growth and allow governments, corporations and consumers to go e…