Why CBDCs should never see the light of day
We have been highly critical of the ‘unorthodox policies’ of… Read More »Why CBDCs should never see the light of day
We have been highly critical of the ‘unorthodox policies’ of… Read More »Why CBDCs should never see the light of day
Cryptocurrencies have experienced a remarkable rise in numbers and popularity… Read More »Q-Review 6/2021: Currency Wars
Because of the current extraordinary political and economic situation of… Read More »Our December 2020 forecasts for the World Economy
In this blog, we present the anatomy of a financial… Read More »The anatomy of a financial crisis
The world economy has not been in a more precarious situation in over a decade. Growth is faltering everywhere, with the Eurozone flirting with recession, while central banks have returned to monetary easing after just one year of global tightening.
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 …
A recession is approaching. Almost anywhere in the world one looks, economic indicators are in decline. As we have argued since March 2017, the coming recession wil…