Tag Archives: Crisis
A lot in economics depends on forecasting and number-crunching. When a certain positive interpretation of macro figures such as GDP forecasts, unemployment numbers, or interest rate future variations, becomes the only existing media narrative out there, one might conclude that … Continue reading
If you’re following loosely European economics and politics, you might be mistaken into thinking the crisis is over, Spain and Ireland are nearly out of the recession, Greece is showing better than expected figures, at least according to its prime … Continue reading
Great video by Peter Schiff, on the recent stock market rallies and the disconnection with real economics.
Howard Davies describes the challenges that await Daniele Nouy as the European Central Bank’s first Head of Banking Supervision. – Project Syndicate
Great read on the Banking Union deal hailed as a great achievement by Pierre Moscovici, the French Finance Minister. Interesting comments on Daniele Nouy, who by joining the ECB Supervisory Team will be one of France’s most influential women on … Continue reading
However, everything is fine! The video has subtitles too!
Not looking good from the federalist side of the equation. And yes, the Germans, again, are to blame. But can we really blame them? Brussels has been witnessing since the 2009 crisis frictions between member states to move forward with … Continue reading
I’m no pro-German. The German boom does not impress me more than the average success story, and the German economic model based on a strong public sector along with strong market fundamentals is not one I particularly appreciate or long … Continue reading
One of the world’s biggest financial institutions, JPMorgan Chase, has allegedly agreed to pay a fine that settles its civil cases facing its actions prior and during the financial crisis of 2009. The fine is reported to reach $13 billion, … Continue reading
A great day for behavioral economics, psychology, and the individual in the study of economics. And farewell rationality. For most people the attribution of the 2013 Nobel prize in economics is just « another piece of news ». For the academic world … Continue reading