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Een zakenkabinet: zonder of met?
Mario Monti en Lucas Papademos zijn de kersverse premiers van Italië en Griekenland. Met doctoraatsdiploma’s economie van MIT en Yale op zak en topcarrières in de Europese Commissie en Europese Centrale Bank zijn het rasechte technocraten. Vormt de aanstelling van deze niet-verkozen leiders het einde van de democratie of het begin ...
EEE : Crisis update & Echoes from Brussels
At the Econopolis Economic Encounters on 28/11, we had the pleasure to have Nouriel Roubini - Dr Doom & Gloom - and Ivan Van De Cloot, Chief Economist of Thinktank Itinera. Both were asked to pinpoint the state of play of the current financial crisis, their short & long term expectations and recommendations on the way forward. Dr ...
Pick 1 out of 3
So we finally came to an agreement and every one seems to be a winner. And that's how we are selling the story to the outside world, hoping they will buy it. Because that's all in the end that matters. I think we have 3 possible outcomes of which 2 out of 3 won't do the trick and 1 has the potential to trigger some "hup hup, barba ...
Kabuki
In our previous posting, we mentioned that not a lot of safe havens still exit in the world of today. Which sovereign bond can I trust, what kind of monetary system will be there the day after tomorrow etc. Recently we have seen some strange developments occurring in financial markets, confirmed by international investors net in- ...
So markets are burying JM Keynes....
...which is sad because we only have ourselves to blame ! And I honestly mean that in every sense of the word : sad and totally misplaced political self-pitty. Keynes is to Economics what Nietzsche has been to philosophy : basically a tragic personality and most of all wildly abused. And with an ironic side-kicker as the icing on ...
US Real Politik - Boomerang Part I
Politics and adapting to the new normal, it seems a bridge too far for many amongst us. And it's not restricted to Europe with its more than fair share of anglo-saxon media attention and frequent abuse. Pretty soon, it's back to Uncle Sam.During the silly season of 2011, we have witnessed a tough battle between bi-partizan ...
2011-2030: in a nutshell
Simon Hunt, a consultant on the global economy and specialist on China, revealed his outspoken view on the world economy between now and 2030. His distinguishes two periods: the crisis years 2011-2018 and the new real era starting in 2018. We give you a brief summary and his conclusions for the next years.
Meanwhile in Frankfurt and Madrid...
...we have some busy days ahead for the financial sector. Today, bondholders of Greek sovereign paper are to meet at Deutsche Bank's headquarters in Frankfurt to discuss the "voluntary" debt swap deal arranged on 26/10. The Institute of International Finance (representing 450 financial firms and chaired by DB CEO Ackerman) has ...
AAA - A Reply to The Economist
I like the Economist and I certainly like the Buttonwood column under Finance and Economics. In its latest edition (12/11/11, p.71), Buttonwood fires at increasing European political pressure (France/Italy) to hush up credit rating agencies in an effort of censorship. And the European paranoia concerning unfair treatment is wrong ...
Shaky Foundations - When the levee breaks
"If it keeps on raining, levee's going to break. And when the levee breaks, I'll have no place to stay. Mean old levee, taught me to weep and moan, got what it takes to make a mountain man leave his home, oh well, oh well..." From time to time, mother nature ...
















